Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: H James Morris who wrote (29593)	12/11/1998 12:36:00 AM
From: Peter J Hudson	Read Replies (2) of 164684

To All: I know that I will suffer attacks from the zealots, but can someone explain the valuation of amzn. I appreciate the fact that they pioneered E-commerce. I like the company and purchase books and CDs from them. At current price they would have to earn $7/share for a 30 PE ratio. When is this likely to happen? I do have a small short position, but this is certainly not an attempt to talk down the stock. I've read the last several hundred posts on this thread and I haven't been made to understand a $200+ price. Please help me to understand. Thanks Pete Hudson

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