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

AMZN 233.95

+0.3%

Dec 1 3:59 PM EST

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To: Wizard who wrote (72394)	8/6/1999 4:21:00 PM
From: Eric Wells	Read Replies (3) of 164684

Wizard - thanks for your analysis. It does shed light on your statements concerning higher margin for advertising revenue. I still don't feel confident enough to go long AOL - but I must admit that my lack of confidence extends beyond AOL to all stocks that fall in the 'internet category'. I think AOL has a very high PE (130+) for the type of company they are (essentially a pure service company) and for their current market valuation ($90+ billion). Anyway, best of luck to you with your long position - and thanks for the analysis. -Eric

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