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

AMZN 221.23

-0.6%

3:59 PM EST

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To: Bill Harmond who wrote (74706)	8/19/1999 4:51:00 PM
From: Eric Wells	Read Replies (2) of 164684

>>Could be the record 2.6 million live auctions, too. Does Blodget use the auction count number in his FA analysis for determining market valuations and stock price targets of internet auction companies? Something like: [Number of Auctions (2,600,000)] x [Average current bid per auction ($0.01)] x [Number of investors that believe eBay's PE should be above 2000 (562,692)] = $14.63 billion - amazingly eBay's market valuation at the end of the day today. -Eric

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