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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 238.42

-0.3%

3:59 PM EST

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To: re3 who wrote (131322)	9/17/2001 7:18:58 AM
From: Paul Merriwether	Read Replies (1) of 164684

> p/e ratios should be 7 how about sharing your thought process that leads you to the conclusion above? Should it not be a function of the interest rate, or somehow related to how much money you can get from a money market account. I am expecting the overnight rate to drop to 2.75%--I really doubt that the (forward say) p/e ratio(of S&P say) would get to 7 under those circumstances!

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