AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN) Message Board

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Strategies & Market Trends : AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN)

AMZN 230.34

+0.5%

Oct 29 3:59 PM EDT

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To: Gary Korn who wrote (170)	8/15/1999 7:01:00 PM
From: Bilow	Read Replies (1) of 182

Hi Gary Korn; Yeah, the law of large numbers (which as a mathematician / statistitcs theory type I remember as actually stating that the sum of a bunch of independent random variables tends toward a normal distribution, but here means something different) is starting to kick in. The herd's problem is that they are concentrating on year over year figures, and will end up detecting the drop in growth rate about 6 to 9 months too late. Still plenty of time to short this puppy. -- Carl

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