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

To: Glenn D. Rudolph who wrote (19805)	10/3/1998 3:28:00 PM
From: Verkaylac	Read Replies (1) \| Respond to of 164684

AMZN 10Q in August was, IMHO, just one giant earnings warning. I assume they did that to help cover themselves down the road in the event of lawsuits (which I think are all but assured if this stock tanks given the heavy insider selling). The press releases on the Clinton tape amazed me. With much bravado they hyped the fact that it was their largest seller. Never once telling us how many they really got orders for or ultimately how many of those orders were cancelled. Then they had another release trumpeting the first shipments off their loading dock. I called AMZN investor relations trying to find out if we were talking approximately 5 million tapes or 5 tapes (beacuse there would be a big difference in revenue you know at $9.95 a tape). All they did was re-read the release about it being their biggest seller. What a joke. Makes me think if they had told roughly how many they sold it would have been LAUGHABLE! Also makes me wonder how FEW other tapes they really sell. But this is a tough mkt to get the favored few down with such an entrenched bullish conspiracy. IMHO analysts basically so low-ball the estimates that it is almost assured most companies will beat them. Doesn't matter that you are losing millions. IMHO if analysts were really doing their jobs, AMZN estimates would be closer to positive 50 cents to 1 dollar for the qtr GIVEN THE LEVEL OF THE STOCK and ALL THE HYPE. I wonder how the co would do relative to that? It looks like a scam to me IMHO and I wish the SEC would investigate what may really be going on on Wall Street with this ridiculous estimates/inflate the stock price game.