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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: Don Westermeyer who wrote (12597)8/5/1998 6:41:00 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 

When growth actually slows for this nutcase stock the chart will get ugly very fast. I just
cannot believe AMZN will live up to the expectations built into the stock price. Even a
P/E of 50 on earnings of $0.50 (in 2005?) makes this a $25 stock.

This stock makes even YHOO look undervalued.


Don,

The valuations here are laughable as you stated. More shares will come on the market soon and the strong hands will have a bit of trouble.

Glenn
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