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 229.60+1.5%Nov 25 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lizzie Tudor who wrote (152350)2/2/2003 2:12:04 PM
From: hueyone  Read Replies (1) of 164684
 
Lizzie,

Are you in agreement or not with my first post, that the Fed model has inherent problems in it to a much greater degree today than it had in decades past, and that the quality of reported GAAP earnings today (an input to the Fed model) are heavily inflated by both stock options and pension income to a much greater degee that they have been in the past?

First you seemed intent on defending the conclusion of the Fed model--that stocks are undervalued, but now you seem to be acquiescing to my point that stocks may be generally overvalued, but you are now changing the point of argument to it doesn't matter if stocks are overvalued. This is a different argument than defending the Fed model that arrived at a conclusion that stocks are undervalued. Personally, I tend to think there may come a time when stocks are undervalued. Most bear market wring out the excesses of the previous bull and then some. With regard to tech, I don't think the excesses of the 1982 to 2000 period have nearly been wrung out yet.

Look at Amazon's balance sheet for example. It has one of the worst looking shareholder's equity sections I have ever seen, including negative retained earnings after have been in business for seven years, yet people still give it a $20 per share value.

Regards, Huey
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News