Roger's 1998 Short Picks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joey Two-Cents who wrote (10374)	6/21/1998 12:06:00 AM
From: Tom Hua	Read Replies (2) of 18691

JTC, from this week's Up and Down WS in Barrons. A P.S. to last week's little note on Amazon.com, with help from a kind reader who materialized on our doorstep late Friday. We neglected to point out that the company, which even its rabid fans acknowledge won't be profitable for at least a few years, has a market cap of $3.7 billion and is selling at 25 times sales. By contrast, Barnes & Noble, which is solidly in the black, has a market cap of $2.3 billion and is selling at 0.8 times sales. What makes those Amazon numbers even more wacky is that total U.S. demand for books was up a meager 2.2% in '97 and is negative so far this year.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next