AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN) Message Board

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Strategies & Market Trends : AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN)

AMZN 249.43

-1.8%

Nov 4 3:59 PM EST

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To: Skeeter Bug who wrote (103)	6/3/1998 9:16:00 AM
From: Candle stick	of 182

YET ANOTHER FORBES ARTICLE ...page 296 June 15th issue...entitled "Santayana got it wrong", by Martin Sosnoff. An excerpt: " Greenspan is worried about the inflationary implications of the wealth effect, but the country doesn't want to hear it. How else can you explain internet stocks? The combined value of America Online, Yahoo!,Excite and Amazon.com puts them near the top 50 market capitalizations in the S&P. For these stocks there are no meaningful earnings visible until the millenium, if then, but that bothers only those of us who have been here before." Good reading.....;^)

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