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


To: Mark Fowler who wrote (24463)11/4/1998 3:19:00 PM
From: Rob S.  Respond to of 164684
 
We need some more excitement - let's start some rumors (maybe one of them will actually come true ; -):

"Someone reliable" told me:

- That Amazon.com is going to split the stock 30:1 - they think it will be "worth" about 170 within a year after the split. Major brokerages agree: Lamie says: ". . . the only way to value Amazon is on what I call 'future extrapolation of potential multiple maximization theory' - it's too complex to explain to the common investor: "so Trust me!". The split comes to 30 X 170 or $5,100 from 130 now. WOW! Won't it be great!

- Microsoft will acquire Amazon.com for 200 per share and donate all future profits to the Bill Gates legal defense fund.

- Yahoo! will purchase Amazon.com because they need facilities based in downtown Seattle and the Capitol Hill area (where 'all the students and artist types' like to hang out).

- Amazon.com will acquire Groceries.com. They will turn it from a loser into another great vehicle for attracting higher stock valuations.

- Amazon.com will acquire Microsoft. Because they are able to achieve a much higher valuation than Microsoft in terms of price to gross margin and price to sales (and price to earnings is infinity!), it makes perfect sense that Amazon buy Microsoft.

- In conjunction with AMZN's acquisition of Microsoft, the company will announce a secondary offering of 400 million shares priced at a conservative price of $180 per share. This will create the war chest needed to stage the hostile take-over. After the acquisition, the new Amazonsoft.com should be worth more than the debt of the federal government! Bezos plans to relegate Bill to the role of 'vendor relationships and competitive team spirit building'.

- Amazon.com will give away free Beenie Babies with each book sold during the Christmas season. These BBs will be valued at $2,000 each but the value in "Brand Loyalty" makes it well worth the investment of shareholder's money. Undoubtedly the BBs will keep on rising in price through the next decade and will one day make all people who buy books at Amazon.com millionaires!

The fact that some of these rumors contradict each other is irrelevant. Amazon is not bound by simple euclidian logic.

As you can see, there are several very realistic "rumors" that can be started about Amazon that should help to propel the stock past the current resistance level. Let's all call up our brokers and explain why these and other rumors are probably true and why they should double their efforts to push AMZN.

Go Amazon.com!!! Upward to 136!!!