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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%3:59 PM EST
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To: re3 who wrote (75541)8/27/1999 11:36:00 AM
From: Bill Harmond  Read Replies (2) of 164684
 
>>3) people like our friend William who seem to believe in these stocks

>>its # 3 that concerns me...i can't know if they are geniune about their belief in these stocks and perhaps they are...i just presume that most if not all these people are very bright and experienced in business matters - yet i can't see how these businesses will make any money at all, let alone enough to justify the p/e's or gosh, pay out DIVIDENDS some day ...i often forget that perhaps people can just attempt to put people on...since i can't understand how anyone would go for amzn or ebay on fundamentals, what is left to think they are doing?

I've been lucky to have spent my career in television and advertising. It helps to understand leveraged operating models.

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