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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST

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To: Winter who wrote (3783)5/1/1998 2:39:00 PM
From: Candle stick  Read Replies (3) of 164684
 
HERE IS A LINK TO A GREAT ARTICLE ABOUT THE VALUATION OF THE INTERNET:
it is appropriately called "Caught in the Web"

stocksite.com

a small excerpt:

For the edification of readers, we've thus put
together an index of 18 of these sucker-bait
stocks: the "Observer Internet Sucker's
Index". And with nearly every stock in it, from
AMZN (Amazon.com Inc.) to XCIT (Excite),
the pattern is the same - a post-IPO price
surge fueled by unharnessed hype regarding the future of the
Internet, followed by a dose of reality as it became clear just how
distant any profits really were.


enjoy.........;^)
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