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: doug doan who wrote (7616)	6/25/1998 5:09:00 PM
From: Glenn D. Rudolph	Read Replies (3) of 164684

Mrkt cap of AMZN is now over $5 billion. I know that estmiated earnings for next two years are negative but AMZN expected to be profitable in year 2000 with some earnings. Assuming all this goes exactly as most optimistic scenario envisions, the p/e for the company will be something like 5000. What are we missing? Doug, Nothing except fundamentals were thrown out the window 60 points ago. I have this habit of investing on fundamentals. Got kind of squeezed due to a stock going so far from its fundamentals. Fortunatly, I am in still in the game and feel more confident the fall is beginning. Glenn

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