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

To: fedhead who wrote (55975)	5/7/1999 1:32:00 PM
From: 16yearcycle	Read Replies (2) \| Respond to of 164684

Thanks for your response, Anindo.

To: fedhead who wrote (55975)	5/8/1999 11:57:00 AM
From: GrokSoup	Read Replies (3) \| Respond to of 164684

More Amazon-slagging in Barrons this weekend. Columnist Alan Abelson carries some comments from a fellow Amazon bear and i-banker who thinks Amazon is worth ... closer to $8. Here's the gist, using Amazon's own numbers from the Bibliofind acquisition: When Amazon disclosed the acquisition it was selling at around $215 a share. That means it was paying three million shares, equal to nearly 2% of the total shares outstanding. Well, if Amazon is willing to part with 2% of the company for an operation worth at most $25 million, the only conclusion is that management thinks Amazon is worth no more than $1.25 billion. Finally, given Amazon's float that means each share is worth roughly $8 ($1.25 billion divided by 150 million). Here's the [password-protected] Barrons story groksoup.com P. groksoup.com