Russian Crisis - Is it a buying opportunity? Message Board

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Strategies & Market Trends : Russian Crisis - Is it a buying opportunity?

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To: Jeffrey L. Henken who wrote (25)	8/30/1998 6:27:00 PM
From: Ray Tarke	Read Replies (2) of 175

Maybe off topic- The internet media stock madness In my opinion overvalue stock AMZN. AMAZON has of Friday's close market cap of 5.28 billion.. sure revenues have increase by acquisition and leader in there field, but there short term debt is 72.million and long term is 333. million. The company has never turn a profit and will not be profitable until the ( maybe )year 2001..by then you will see allot more competition. A book value of .79 cents : rapidresearch.com Looks dangerous to me at this level. Unless you are a short. Personaly i think fair value is 15.00. Sometimes i wonder is not how great the stock is.. but what relationship is got in wall street with the right Brokerage firms. Gee I got a stock under .40 cents that I rather own ! Regards, R.T

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