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


To: Curlton Latts who wrote (53696)4/28/1999 10:48:00 PM
From: Ron Dior  Read Replies (3) | Respond to of 164684
 
I don't think the nets will get hit as hard as everyone is thinking this time around. To many are expecting it and to many are waiting to jump in at lower prices. If they do crash tomorrow, they will be right back on track by the end of the day. AMZN, I am not sure about but even they will not go down as hard as everyone is thinking. The market never does what everyone thinks it will do. This looks like to much of a no brainer to actually work out. JMHO

Ron Dior



To: Curlton Latts who wrote (53696)4/28/1999 11:33:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Have you ever heard of COM2001.com?<<

Sounds like the name of a futuristic movie coming soon to your nearest box office... btw, good luck to you Carlton and here's some good reading if not already seen:

"...In today's conference call, Amazon said that sales growth will slow in
future quarters. This is a boilerplate warning that the Wise always jump
and shout about anyway. Of course, as any company grows larger it will
experience slower sequential growth on a percentage basis (on an
absolute dollar basis, we're sure that Amazon will achieve record sales
for a long time to come, year-over-year). Management also said that
losses could exceed expectations in future quarters as they continue to
invest in new businesses. (We're actually glad to hear this.) Numbers are
impossible to project, however, because the losses will depend on
quarterly sales amounts. This quarter, the $0.23 per share loss was
considerably better than the $0.29 loss expected...

The company is on a
run-rate to top $1.1 billion in sales in 1999. Last year, most analysts
didn't expect $1 billion in sales until 2001. "
fool.com