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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 237.58-2.7%3:59 PM EST

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To: 16yearcycle who wrote (113639)12/29/2000 11:08:19 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
>> But I am pretty curious how long the market will pay 30x

I think it could go on for a while (due to expected rate cuts), but without p/e expansion. So I think (and hope) it will be a sideways trading market for a year or two.
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