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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 237.58-2.7%Nov 13 3:59 PM EST

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To: Rob S. who wrote (11037)7/21/1998 4:19:00 PM
From: Peter V  Read Replies (1) of 164684
 
it may take up to several months for the stock to find a reasonable valuation - down to 60-70 within a year or so.

I think you mistakenly added those zeros. 60-70 is hardly a reasonable valuation, but I would have to say that AMZN may in fact stay at that level for some time. It has defied gravity so far . . .
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