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

To: MoonBrother who wrote (47973)	3/29/1999 8:34:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Our current 1999 gross profit projection for Amazon.com is $270 million. If the company were to add the equivalent of eBay's 1998 $40 million of gross profit performance in 1999, our gross profit number would increase 15%, to $310 million. We expect Amazon.com to spend heavily to ensure the success of the auction business, so we do not expect to see any near-term improvement in the company's operating loss. Long-term, however, we believe it could improve the company's profitability. He he he <VBG>