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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: KZAP who wrote (59963)	3/6/1999 11:48:00 PM
From: Frost Byte	Read Replies (1) \| Respond to of 119973

AMZN should be the next big winner..... A few points to consider: 1) AMZN's books business is profitable 2) AMZN, if they wanted to, could be profitable.....all they would need to do is reduce their SG&A expenses. 3) AMZN is not just a retailer of books, cds, videos....they are attempting to be THE WALMART of the web...THE retailer on the web......They have just added drugs/consumer products and that is just the beginning. 4) A report came out on Bloomberg this weekend stating that e-commerce is expected to be $900 billion in 2003, up from $40 billion this year. 5) The management team at AMZN is brilliant, they are backed by John Doerr/Kleiner Perkins, and are working their butts off. 6) Look for Amazon insurance, financial services, travel, greeting cards, and anything that could possibly be sold on the Internet....look for these announcements this year. 7) Merrill Lynch is about to initiate coverage on Amazon...Henry Blodget, the guy with the $400 Amazon price target, has just joined Merrill - keep in mind, Merrill has 13,000 brokers. 8) Something else you need to consider: Amazon generated $600mm in sales, which cost them $36 million in capital expenditures since inception. For Barnes and Noble to generate that amount of annual sales, they would need to spend $400 million in capital expenditures (building out of superstores)...this is extremely powerful, and people just don't get it. 9) AMZN is cash flow positive. 10) 1999 for AMZN is like 1995/1996 for AOL...when AOL said screw Wall Street, we are building this business for the long-term...remember how much negative press they got for sending everyone disks for free access? AMZN is running their business for long-term shareholder value...... 11) AMZN will be a $200 billion company. -Frost Byte