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Strategies & Market Trends : APMP (formerly APM)

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To: AlienTech who wrote (10390)3/19/1998 9:53:00 AM
From: Bald Eagle  Read Replies (1) of 13456
 
<<I learnt that the HIGH P/E is there for a reason.>>
I heard on CNBC that Amazon's forward P/E is 8500!
What is the reason for that? Will there be 8500% growth?
Might be another Netscape story? However, I wouldn't short it yet.
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