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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 254.03+4.0%9:30 AM EST
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To: craig crawford who wrote (113866)1/2/2001 12:05:19 AM
From: GST  Read Replies (1) of 164684
 
craig: I posted the following note on yahoo and based my analysis on the published average of 33 analysts with a consensus forecast of 58 cents for next year -- a 20% growth rate (this post below was deemed "unfounded" in a matter of minutes by the Junta William chairs):

From my last posts on the new economy thread:

"Its not that complicated William -- I am sure you can do it -- take the rate of earnings growth and compare it to the pe. With earnings growing at, say, 15%, and with a trailing pe of, say, 60, you have a stock trading at four times its earnings growth -- a substantial premium. And that is assuming there will be any earnings growth at all -- but faith is your main basis for owning stock so I suppose it does not matter to you."
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