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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: yard_man who wrote (7199)6/23/1998 5:06:00 PM
From: Alomex  Read Replies (2) of 164684
 

Companies are valued because of future activities. It is near impossible to "demonstrate" that any company will be profitable in the future. However, on the balance of probabilities, yes I think it will be profitable. I don't need no ads to go to Barnes and Nobles to buy books. The place is huge, the selection's great. At some point the same will be true with Amazon.com.

Will it ever be worth several billion dollars? I'd say a billion dollars sure, sometime around 2000.

Five billion dollars? Maybe not, and that is why I don't own stock on this company, but I wouldn't short it either since fundamentals are not collapsing (yet).
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