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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.19+2.1%Jan 23 3:59 PM EST
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To: craig crawford who wrote (130791)8/31/2001 7:33:53 PM
From: GST  Read Replies (2) of 164684
 
ge is trading at 25 times this years earnings (estimated) and derives a lot of that from financial services -- which makes it a questionable "value". It is hardly "cheap" and is a good proxy for the market as a whole -- which is not "cheap". But compared to something like Yahoo, well, at least you are unlikely to have another 80% drop in price -- which is a real possibility with Yahoo which trades at 200 times current year's earnings, with little in the way of reliable growth anywhere on the horizon.
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