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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: 10K a day who wrote (103725)5/21/2000 7:40:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
>> How do you value a Company,,,(dotCom)
Growing Revenues at 50 Percent a Quarter?
Growing Traffic at 20 Percent a Month?
Growing Visitors at 1.1 Million a Month?
A company,,,that could be profitable,,,At any time....
How do you value companies like that....a company,,,That looks like a Mirror image of Yahoo in 3rd quarter 97....
Ever risked your life savings,,,On a Growing Company like that?
<<

Well, ValueAmerica was like that. The founder was always selling shares every quarter. And when the stock price was cut in half, he sold twice as many shares. And when it became a tenth that was no problem, he just sold ten times as much. You know, the stocks that you pay for with your life savings, these people just print for nothing. These stocks were not launched to reward you for risking your life savings. If you happen to time it just right and sell before the crash, great. The problem is that you're trying to pick the pocket of the pickpocket.
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