hothot, it seems like such an oxymoronic thing,to be buying more books over electronic media(internet). Well, AMZN will have tremendous volatility for years,due to its high p/sales,and lack of p.e. It will travel in a huge range,and when the bookmark stops,who knows where it will be. Its hard to believe that they can grow this much,when the book market is contracting. But SBUX still seems foolish to me,selling $4 dollar cups of cafe latte,and capuccino's,when I can buy a 1/2 pound of gourmet coffee for that price,and that is another market that is shrinking. Hey this is all like playing your favorite bar in college,one year its this,and next year its across the street.
Hiram |
