Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.37

-0.9%

Dec 3 3:59 PM EST

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To: Glenn D. Rudolph who wrote (8355)	7/1/1998 8:38:00 PM
From: Mark Fowler	Read Replies (4) of 164684

ut of idle curiosity, is there anyone on this thread that really believes AMZN deserves this valuation? I am not talking about the momentum or short squeeze, etc. I am talking about valuation on fundamentals.<< Glenn, i don't think know one in this world has a grasp of the fundamentals of the internet stocks. The internet is world wide growth phenomena, growing 300 percent a yr. according to the latest gov. statistics. I believe it's the macro economic trend fueling this stock group. The leaders are so far Yhoo, Aol, and Amzn. Look at what the telecos' are doing. The At&t deal will move things in this industry faster. E-commerce will take off like a rocket from here on out.

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