Hi Mark Fowler; Got my Value line guides back in order...
BKS is classified under retail (special lines).
February 20, 1998. (To be revised next week.)
Timeliness is 2, Safety is 3. (Ratings are 1 to 5, with
1 being the best.)
Expected price in 2000-2002 is $35 to $55.
B&N shares are timely for the year ahead,
though short-run concerns over the costs of
establishing the on-line book selling venture
probably warrant some note of caution at this
juncture.
I'll post notes on the BKS revision after it arrives,
try to be fair, but not violate copyright or etc.
AMZN is rated in the "Internet Industry" section.
March 6, 1998. (To be revised in early June.)
Timeliness is unrated, Safety is 4. (Ratings are 1 to 5, with
1 being the best.)
Expected price in 2000-2002 is $70 to $120.
AMZN stock has good appreciation potential
to 2000-2002,, given its recent price, (i.e. $66)
and assuming the total book market ($85 billion)
grows by at least 5% per year going forward and the
company can capture a conservative 1% of that
market.
Bulls and bears will find interesting this quote:
One thing in Amazon.com's favor is the company's
much lower overhead: it physically stocks only top
sellers, less than 10% of its total catalog.
-- Carl
P.S. Sorry about DELL. One of the guys at the office,
I day-trade at kept 1000 shares long overnight and
probably regrets it. Value line, incidentally, says DELL
at around $60-$90 in 2000-2002. I know the DELL
bulls will be saying "Yeah, after two splits!", but DELL
is up 5x in the past year on an increase in earnings per
share of a lot less than 2x, and so is probably 2.5x
over-valued. |
