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

To: H James Morris who wrote (17154)	9/14/1998 4:19:00 PM
From: OtherChap	Read Replies (1) \| Respond to of 164684

> If I asked you, could this be a $12 stock by years end? Only if Amazon is very very lucky. This is a 79 cent book value stock that is losing money hand over fist.

To: H James Morris who wrote (17154)	9/14/1998 4:23:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Glen, I did not play golf today. Only because, I had other things to do. I think the Mo,Mo, guys are backing off, wouldn't you? I sure would say they are backing off. Ask Morgan Stanley, or even better, ask Bezos. If I asked you, could this be a $12 stock by years end? It deserves to be but it will not. There will still be that false hope that they will win the e-commerce game keeping them higher than fundamentals show. However, I still am sticking with my belief they will never survive as a separate entity and will either be acquired or fold by 2002. I do not have access to bond quotes. I wonder how their junk bonds did today. Glenn