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


To: Sarmad Y. Hermiz who wrote (40097)2/14/1999 8:47:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 

I don't know whether Zacks's is a contrary indicator such as your $10 figure. It is
possible that brokers will keep recommending amzn even while increasing loss forecasts.


Sarmad,

That was the point I was trying to make with Service Merchandise. They initially could do no wrong. They had buy recommendations and a very high stock price. Now they are in default with some of their lines of credit. Sales use to grow at an amazing rate. Now sales are decreasing. Losses are increasing but the same analysts have a buy recommendation because they "might" turn things around. Top line growth was 300% year over year in the early 1980s. Their claim to fame was the use of catalogues and their high tech ability to trac what their customers bought. With Amazon, it is different this time;-)

Glenn



To: Sarmad Y. Hermiz who wrote (40097)2/14/1999 9:48:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
CALENDARIZED COMPARATIVE ANALYSIS
  QTR
Mar-99  QTR
Jun-99  FY
Dec-99  FY
Dec-00 
Company EPS estimate  -0.27  -0.24  -0.81  -0.23 
Current vs. Year Ago Change  -302.99  -118.18  -62.22  71.75 
         
Industry - Retail-Misc/Div  0.495  0.504  4.467  4.255 
Current vs. Year Ago Change  110.04  102.98  119.20  -4.76 
         
Sector - Retail/Wholesale  7.222  8.554  19.911  43.976 
Current vs. Year Ago Change  13.49  13.28  120.86  3.30 
         
S&P Index  11.86  11.03  44.95  46.66 
Current vs. Year Ago Change  3.10  1.65  0.47  3.80 
         
Ratios:  Company  Industry  Sector  S&P 
         
P/E on 1999 Calendar Year Mean  -142.86  42.97  26.43  27.57 
PEG on 1999 Calendar Year Mean  -2.27  1.71  1.18  4.14 
Recommendation  2.06  2.03  1.97  2.13 
Earnings Growth Rate  63.00  22.99  20.33  6.67 

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