Amazon.com, Inc. (AMZN) Message Board

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

AMZN 217.15

-2.5%

3:59 PM EST

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To: Jack T. Pearson who wrote (31099)	12/25/1998 1:57:00 PM
From: Claude Cormier	Read Replies (2) of 164684

<<It appears you don't understand the difference between Amazon and those "me too" Internets.>> I agree with you Jack. AMZN is no Internuts. It is a great company with a great idea an a great site. Still, the STOCK is grossly overvalued. The market valuation is way out of line with the current value of the business. FWIW, I check two prices on their site, movie "Armageddon" and a CD, "U2 - Best of 1980-1990"... both prices were higher (the movie was 60% higher, the cd was 25%) that what I can get at my nearby shoping mail. May be the prices are not right. I hope. Otherwise, investors will soon realize that the online business will never replace the shopping malls. You should have felt the Xmas spirit.

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