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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.69+0.1%Nov 19 3:59 PM EST

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To: Tom D who wrote (2642)4/1/1998 3:45:00 PM
From: Don Westermeyer  Read Replies (2) of 164684
 
I've always said I wouldn't bet too much on a stock like AMZN either way. I'd be waaaay more nervous being long in AMZN or YHOO than short. Eventually these companies will have to make money to support the price. AMZN is a very long way from the $4+/share needed to support even a modest P/E of almost 25. If sales growth stalls for even a couple of quarters within the next few years, look out below!
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