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

To: Peter J Hudson who wrote (31638)	12/29/1998 6:54:00 PM
From: KeepItSimple	Read Replies (3) \| Respond to of 164684

Hahah, just saw the story on CNBC. The person being interviewed quoted an analyst as saying that "The possible huge revenue increases have not yet been priced into Amazon's stock price" ???? They've already priced 10 years of 10% profitability on 10 billion dollars revenue into the current stock price. I think that quote easily puts blodget's "400 in a year" quote to shame.. :) Interesting thing about this MSNBC article, they say that these rumors are coming from the internet discussion groups- but I havent heard a single rumor that Amazon would be profitable due to holiday sales.. I read nearly everything in the yahoo, SI, and motley fool chat areas. Isnt it interesting that one of these "bombshell" stories ALWAYS appears immediately after amazon experiences any sort of correction? Today's 19 point drop must have been enough to trigger the PR machine into full action. :)

To: Peter J Hudson who wrote (31638)	12/29/1998 7:00:00 PM
From: Randy Ellingson	Read Replies (1) \| Respond to of 164684

Who are they keeping from jumping in?? Primarily those who would have to concede that, yes, Amazon.com has developed a business which has attracted many new customers, retains an impressive fraction of these as repeat buyers, provides quality customer services, and due in large part to it's word of mouth advertising will continue down this path toward remarkable revenues, and ultimately profitability. The potential competitors must be able to reduce Amazon's market share and compete with it not just on books, CDs, and videos, but also on Amazon's future product offerings. Randy