Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.14

+0.5%

10:17 AM EST

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To: GST who wrote (151898)	1/23/2003 10:26:51 PM
From: Victor Lazlo	Read Replies (1) of 164684

<<Because they can't make much of a case to support the stock price at a penny per share. >> They don't seem to have to. Even in the post enron/worldcom/globalcrossing era, people are willing to pay 20 bucks a share for a co that has no net worth and no earnings. Despite all the righteous indignation among investors the last couple of years, people obviously still aren't reading SEC filings.

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