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

AMZN 228.61

+0.8%

12:34 PM EST

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To: Bill Harmond who wrote (66391)	7/5/1999 11:35:00 PM
From: KeepItSimple	Read Replies (1) of 164684

> I don't think they will find it boring if AOL's market cap eclipses Microsoft. Here's a tough question for you William. Are you basing that prediction upon your prediction of human nature, ie there are millions of clueless daytraders out there that will gladly bid up AOL to a market cap greater than MSFT, as long as the stock splits every 6 months to keep the price "near 100" in the idiot's eyes? Or are you saying they will begin to earn more money than AT&T and Microsoft combined, to justify a P/E of around 40? It's one or the other.. Which do you believe?

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