Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: F The who wrote (6870)	6/20/1998 9:25:00 PM
From: Mark Myword	Read Replies (3) of 164684

>>"It's hard for me to understand why Amazon is worth 50% more than Barnes & Noble," says Hugh Lamle, executive vice president at M.D. Sass Investors Services. "Amazon has no earnings and just a Web site, while Barnes & Noble has earnings, a lot of bookstores and a smaller, but growing, Web site." There is nothing new, but just want to add more and more analysts start to downgrade AMZN.<< Apparently , M.D. Sass must not be part of the incestuous gang of stock promoters who are fleecing the public with this ludicrous POS. I truly believe that in five or ten years, Amazon will be viewed as a classic example of duplicitous stock promotion in a market mania, leading to absurd price levels and billions lost by sucker investors. The whole thing will seem unreal , laughable, and people will wonder where all those suckers found the reasons to pump so much money into such a stock as Amazon. Time will tell.

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