Amazon.com, Inc. (AMZN) Message Board

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

AMZN 244.25

-2.0%

3:59 PM EST

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To: GST who wrote (103549)	5/17/2000 9:27:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

It seems to be used by others to imply there are new companies with unlimited growth potential worth amazing multiple Nothing has unlimited growth potential. Is CSCO new economy? Take a look at the pe and some of the funny accounting used to report "performance" and I would say yes -- CSCO is "new economy". I know the PE and am not going to try defend CSCO as an investment although I own it. At least they make money albeit small compared to the market cap. Let's look at AMZN, EBAY, PCLN, etc. I am still hung up on AMZN in that I can't believe the SEC has permitted their accounting to go on for so long. Maybe it is the influence of Kleiner Perkins. PCLN counting the ticket sales as revenue is almost as bizzarre.

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