Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.38

-0.8%

3:59 PM EST

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To: MR. PANAMA (I am a PLAYER) who wrote (3584)	4/28/1998 5:55:00 PM
From: Candle stick	Read Replies (3) of 164684

Doesn't it make you wonder how AMZN was able to buy 3 internet retailers for a total of 55 million dollars? i mean AMZN is a retailer and they are selling for 2.3 BILLION dollars......how come they can by similair companies to themselves for just 18 million dollars??????? BECAUSE THOSE COMPANIES ARE PROPERLY PRICED AND AMZN IS NOT. Book value for AMZN is 18 million and market cap is 2.3 billion....at current rate of cash burn in 2 more quarters there will be NO shareholder equity left...... But those are just numbers, right? who needs stinkin' numbers.... Brother? Can you paradigm? I guarantee that AMZN will go they way of every other hype stock that has come before it. When, I can't say. But it won't be that long. 90% losses are a guarantee at some point.

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