Amazon.com, Inc. (AMZN) Message Board

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

AMZN 238.25

-2.5%

2:50 PM EST

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To: Glenn D. Rudolph who wrote (91118)	1/16/2000 2:02:00 PM
From: Alomex	Read Replies (1) of 164684

You do not believe the market will start looking for some earnings or at least a reduction of losses in a few quarters? Hard to say. The market has been way more patient with Amazon than I ever thought they would ever be. Same goes for other Internut stocks. OTOH, at long last investors have started to turn around to your view of doubting if Amazon will ever be profitable. I always thought Amazon would eventually settle on small profits (1-5% of sales), and I posted that very early on this thread. This means that a P/S of 2 would already be a rich valuation for such a company, and one can presume that the stock price will eventually stablize around there.

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