Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Herring who wrote (18864)	9/28/1998 8:33:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

That would mean that Amazon is trading at roughly 40X year 2002 profits. I would have to say that is pretty steep. And that was supposed to be a positive review? Am I missing something? You did not miss a thing:-) Glenn

To: Herring who wrote (18864)	9/28/1998 9:26:00 PM
From: Bill Harmond	Read Replies (3) \| Respond to of 164684

>>If Amazon captures 40% of the $3B market that would mean roughly $1.1B in sales. Amazon estimates that the worldwide book market is $82 billion, music $40 billion, videos $16 billion. Amazon estimated that as of 2Q98 the company held a 2.5% share of the US book market. Source: Amazon 2nd Annual Analyst Meeting, July 24, 1998