Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 232.72

+0.1%

2:08 PM EST

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To: Rob S. who wrote (27348)	11/20/1998 11:37:00 AM
From: 16yearcycle	Read Replies (5) of 164684

Has it occurred to you that the board of directors knows that they are way ahead of projected 4th quarter sales, and therefore felt that a 3:1 split was appropriate? What if sales are at a 350 million pace for this quarter, which means that the company is selling at a 1.4 billion pace, with an 8 billion mc? And this is a company that is growing at 300% per year, at least for the moment.There are plenty of folks who are going to think that is a good deal for a net stock. Considering the potential and investor frenzy for these stocks, it would not surprise me a bit to see AMZN's cap go to 15 billion in the next year. It is already obscenely overpriced, and yhoo is at 19-20 billion and aol nearly 40 billion. Anyone who is short should find an easier game than this. When growth tales off, that will be the time to short, even after a stock downturn has started.

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