Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.38

+0.1%

9:30 AM EST

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To: John May who wrote (881)	11/27/1997 10:14:00 AM
From: zTrader_77	Read Replies (1) of 164684

It is a new type of bookstore but you got to admit that in no way is AMZN worth 1.2 billion right now. Maybe 10 years from now but not today. The same thought was discussed a few years ago with the ISP's. How the internet was the new medium (which is true) and how TV was on its way out and of course the stocks like Netcom and Spyglass ran up to 90.00 or so on the hype. If market values really don't matter due to the "new" concept then why not push the value of AMZN to 10 Billion or 400.00 a share! When does it become overvalued? Just as the ISP's fell back to earth so shall these stocks also. Have a nice Thanksgiving, Kirby

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