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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: Oeconomicus who wrote (1843)3/2/1998 12:34:00 PM
From: Don Westermeyer  Read Replies (3) of 164684
 
Bob,

At the current stock price, AMZN would need to be making over $3.00/share just to be even with the return from checking account.

Even that is probably 8-10 years away!

This stock is definitely in the 'spooky i-net cult stock' category.

I sincerely feel bad for the people who are buying the stock based upon earnings almost a decade away, it likely will end up very bad for them.

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