Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 244.41

+0.6%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert Rose who wrote (78227)	9/23/1999 4:36:00 PM
From: Eric Wells	Read Replies (2) of 164684

Robert - I believe that some of the main points that are being made by those who claim that we are in a new "economic" era are as follows: 1. Because of productivity gains from new technology, the US can sustain high levels of growth without the threat of inflation. 2. The traditional business cycle no longer applies - the US economy has become recession-proof, or at least recession-resistant. 3. Traditional PE ratios no longer apply in determining equity prices - companies should be valued more on sales growth and cash flow (this is the DOW 36,000 argument). 4. We are not currently experiencing inflation in the US. 5. The high levels of corporate and consumer debt, high levels of spending and low savings rate are not things to worry about - these are all signs of a healthy economy. I don't believe in any of the above. Do you? -Eric

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next