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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: Oeconomicus who wrote (786)11/16/1997 3:06:00 PM
From: Alomex  Read Replies (1) of 164684
 
In the past I've indicated that the best way to value AMZN is to compare to other direct mail retailers.

Both of them have a no-bricks-or-mortar cost structure and share the same resistance from customers to buy stuff without holding it in their hands.

Here are the figures for Land's End:

Sales : 1.21 Billion
Net Income: 58.3 million
Profit Margin : 5.0%

The Motley Fools are really excited about AMZN but I see no reason why AMZN will do better than Land's End. Using this figures, it would seem that AMZN at $60 is fully valued...
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