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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.50-1.9%Jan 2 9:30 AM EST

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To: Tie Zeng who wrote (26016)11/15/1998 1:03:00 PM
From: John O'Neill  Read Replies (2) of 164684
 
I'm trying to understand why AMZN sells for 200 times estimated earnings for year 2000.....it seems like the competitive picture/internet retail "landscape" would be difficult to predict that far out to justify that high a multiple...

I would appreciate any comments pro or con AMZN...I'm about even trading this one so far...a small loss.

JO
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