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

To: e. boolean who wrote (22827)	10/23/1998 11:19:00 PM
From: H James Morris	Respond to of 164685

Eb<. Glenn would know what the original estimates were before they were so gently guided down> Forget about Glen, it's about William and the Elephants. In a few years from now this scram will be history. Never! I repeat never, will Wall Street take such a ethical beating. In the meantime the daytraders will keep trading. For profit of course.

To: e. boolean who wrote (22827)	10/24/1998 11:41:00 AM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164685

You may be right, but there was a lot of cynicism expressed on CNBC today about the lowball estimates game. Glenn would know what the original estimates were before they were so gently guided down. eb, It depends on how far back we go. The concensus for this quarter as of Jan of 98 was -08c. That is a 500% downgrade in earnings and that is split adjusted. Glenn

To: e. boolean who wrote (22827)	10/24/1998 12:03:00 PM
From: umbro	Respond to of 164685

would know what the original estimates were before they were so gently guided down. Per Zack's, biz.yahoo.com This Year This Quarter (Dec 98) (Dec 98) current -1.70 -0.57 7 days ago -1.70 -0.57 30 days ago -1.62 -0.54 60 days ago -1.44 -0.47 90 days ago -1.39 -0.42 Amazon's number got to be about 20% easier to beat over the past quarter. Keep in mind that a negative EPS is smaller (closer to zero) as more shares are added.