SI
SI
discoversearch

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.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.37+0.2%Dec 2 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hal jordan who wrote (8921)7/5/1998 8:09:00 PM
From: Dwight E. Karlsen  Read Replies (1) of 164684
 
I think the way Internet stocks are soaring, we could easily see a 10 billion market cap here.

Hal, since Amazon is today at $6.132 billion market cap, a $10 billion market cap is "only" a 66% gain from here. Considering Amazon has already gone up about 900% in the last 12 months, we're not far from the top. Diminishing returns like this, at increasing point of risk is what will make momentum traders begin to abandon this stock. As surely as the sun rises, this will happen.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News