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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: Victor Lazlo who wrote (105525)	6/27/2000 7:30:00 AM
From: re3	Read Replies (1) of 164684

<<<when was the last time nasdaq had a pe of 25?? exactly. i assume you figure it should be higher because of growth. technology may be here forever but new companies not in the nas currently may turn out to be the winners and the current nas companies (or some of them) may turn out to be dinosaurs. why pay a pe of 25 for a company when the future growth of that industry might be captured elsewhere ?

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