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

To: Don Westermeyer who wrote (41088)	2/19/1999 8:06:00 AM
From: Glenn D. Rudolph	Respond to of 164684

I think Amazon's real object is to not earn any money, ever. Even if Amazon turns moderatly successful (lets say it makes $500 million more than it is right now for a profit of $1.50/share), it is still only a $30 stock by and real fundamental valuation. Don, This seems to be the case. I just received this from Zacks: AMZN: BEAR STEARNS made new estimate for long term EPS growth of 60.00% per year on 02/12/99 Is that growth in losses or reduction in losses? Is that for the next ten years or is it twenty years now? Glenn