Amazon.com, Inc. (AMZN) Message Board

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

AMZN 228.69

+0.9%

1:39 PM EST

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To: H James Morris who wrote (149602)	11/1/2002 6:29:22 PM
From: Alomex	Read Replies (2) of 164684

I was never as skeptic about Ebay (or Yahoo for that matter) as I was of Amazon. I really thought that people might refuse to buy books over the web. When Amazon reached $100 million in sales I realized that they indeed have a business although a low-margin one. Nowadays my beef with the three aforementioned companies is valuation. I believe we will see this companies trading at P/E of 10-20 sometime in the next 12-18 months...

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