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


To: Rob S. who wrote (23485)10/28/1998 6:32:00 PM
From: Raiders  Read Replies (3) | Respond to of 164684
 
I have a great time reading all the good stuff on this thread.
My only question would be will people like Peter Lynch or Warren Buffet pay these kind of prices for these stocks?
Raiders



To: Rob S. who wrote (23485)10/28/1998 6:54:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Although it reached only $14 million in sales, that number is more than B &
N's total sales last quarter.


Rob,

There are two segments now. We should look at sequential books sales revenue growth. The total revenue was $153.698 million and we should subtract $14 million of music. That leaves $139.5 million in book sales. Last quater was $116 million I believe so sequentially book sales increased 20%. This includes the sales of the two acquired book units one in the Britain and one in Germany. Growth has slowed dramatically.

Glenn



To: Rob S. who wrote (23485)10/28/1998 10:10:00 PM
From: H James Morris  Read Replies (3) | Respond to of 164684
 
Rs<The analysts have expressed their congratulations and are very enthusiastic. I expect the stock to rise toward>
I agree. Tomorrow morning I buy to cover. Sell all puts. Maybe even buy a few out of the money calls.
What happened to the split and secondary stock offering?
Regards




To: Rob S. who wrote (23485)10/28/1998 10:40:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Rob, Thanks for the CC report.

There is a "little" chance for Amzn to move up "a little"; then the excitement for this current cycle is over.

Same old quarter, record revenue/loss, Growth and competitions. For Amzn the stock price, something more exciting need to be in the air!!

Amzn can easily drop $20 to $30 whenever the SELLERS unloading their shares or market turns a bit bearish in the next few weeks!!

Unless the Float stands still, which means "they" don't sell.