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

To: John O'Neill who wrote (26026)11/15/1998 1:12:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I'm trying to understand why AMZN sells for 200 times estimated earnings for year
2000.....it seems like the competitive picture/internet retail "landscape" would be difficult
to predict that far out to justify that high a multiple...

John,

Please correct me if I am wrong, but I believe AMZN is projected to lose money in the year 2000.

Glenn



To: John O'Neill who wrote (26026)11/17/1998 8:37:00 PM
From: Paul Engel  Read Replies (1) | Respond to of 164684
 
JO - Re: " I would appreciate any comments pro or con AMZN...I'm about even trading this one so far...a small loss. "

You still have 300 Amazon short at $122 don't you?

Now down $26/share - in addition to the $12 5/8 lost on the other 200 shares !

Have you reduced your $100,000 portfolio to $25,000 already?

Paul


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