Amazon.com, Inc. (AMZN) Message Board

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

AMZN 217.15

-2.5%

3:59 PM EST

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To: Robert Rose who wrote (69868)	7/26/1999 9:51:00 PM
From: Y2k_fan	Read Replies (1) of 164684

Homes are considered asset. And will keep their value in the long run even if the stock market crashes, IMHO. Houses at Palo Alto? No, thanks. I would "never" pay 3-MILLION+ dollars for a 50-year old 7000sf-lot house. That's so-called outrageous. Considering that I can buy a 14000sf lot house with 1/3 the price at Saratoga, which is a better area than Palo Alto. To buy a 3-million dollar house, property tax alone will cost you 120k per-year. Even a semi-conductor company's vice-president can hardly afford it. As for AMZN/EBAY, people just forget how much money 20 billion is. With 20 billion dollars, you can buy "20000" one-million dollar home. I don't think that AMZN/EBAY really worth MORE THAN ALL THE HOMES in Golden Triangle "combined."

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