Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 233.05

+2.9%

Jan 5 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SouthFloridaGuy who wrote (119396)	3/6/2001 1:53:02 PM
From: sea_biscuit	of 164684

But it's not out of line to talk about a market that trades at a PE of 10 and a Nasdaq of PE 20. That's a 50% drop from here in both the Nasdaq and S&P 500. I think that can happen quite easily on the Nasdaq, possibly by the end of this year. As for the S&P, it will probably happen over a few years -- with the index declining gradually even as the earnings increase. Those who think that indexes cannot decline as their earnings increase should look at the decade of the 70's. Unfortunately, 5 out of 6 present-day investors were born (or "born") after that. So they will have to discover it for themselves.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next