SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Skeeter Bug who wrote (120595)3/16/2001 3:15:07 PM
From: 16yearcycle  Read Replies (3) of 164684
 
The numbers I have seen suggest that nas normal value has been 20-22x earnings, and we are at about 29 times right now. I would simply say that we should/could go to trough values of 84 and 74, and that would also get us to about 1300-1500...so I see 30% basically. imo, you have been the most sensible bear as far as suggesting what numbers to use so I am just checking you. under 1500 is realistic. It should be noted that the troughs of 74 and 84-85 were followed by doubles in 15 months or so. Thsi also makes sense,unfortunately...that we collapse to 1350 and then race up to 2700-3000 within 2 years.

Who the hell knows what will happen? Not me.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext