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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Islander who wrote (8932)1/10/1999 6:28:00 PM
From: Diamond Jim  Read Replies (1) of 42834
 
What is a fair price for Amazon? Does it go up forever because the internet is going to be big? I guess it should never stop, never be fully valued or over valued in some people's opinion.

Amazon has 3 warehouse's, Wal-Mart has how many stores? Amazon is losing $, Barnes & Noble is making $, why is Amazon the chosen stock? What is special about them?

I think it's like a pyramid scheme, people are buying AMZN because somebody will pay them a higher price for their shares.

jim
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