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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (15294)	8/31/1998 10:23:00 AM
From: H James Morris	Read Replies (2) \| Respond to of 164684

Glen, Prissy was right on. Case and Bezos have been using the same PR co. With the look of their stock the last few days, they might want to get a new one. uniontrib.com

To: Glenn D. Rudolph who wrote (15294)	8/31/1998 10:41:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Glen, Do you remember Mr Benjamin? When do you think Msdw's Mary Meeker and DLJ's Jamie Kerrigan will show up?? < Amazon.com Shares Fall as Analyst Sees Higher Costs for Company Seattle, Aug. 28 -- Amzaon.com Inc. shares fell 11 percent as a leading analyst of Internet businesses said the online bookseller faces at least a year of higher costs from two pending acquisitions, which could lead to wider losses. Seattle-based Amazon.com, the world's largest online bookseller, will have $4 million in extra operating expenses for each of the next six quarters because of the acquisitions of PlanetAll and Junglee Corp., said Keith Benjamin, analyst at BancAmerica Robertson Stephens. Earlier this month, the company agreed to buy the closely held Internet companies for about $280 million in stock in a bid to attract more customers. Benjamin now estimates Amazon.com will have a loss of $1.72 a diluted share this year, wider than his earlier $1.56 estimate. He also forecasts a 1999 loss of $1.85, compared with his previous estimate of $1.53. Benjamin said he's not sure if Amzaon.com's shares are too expensive, considering the company's expected losses. ''Either the numbers will catch up with the stock or the stock will catch up with the numbers,' he said.> The controllers are leaving. Trust me.