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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: getgo234 who wrote (33777)	1/9/1999 12:27:00 PM
From: John Donahoe	Read Replies (1) of 164684

RE: ....has a market cap equal to the market cap of K Mart, Sears and JC Penny combined. Quite extraordinary. Yes, It's a big number. But I wouldn't make short term trading decisions based on it. How high is too high? No one knows. One should be careful of big numbers. Sometimes they seem big at the time. Years later they become the norm. Legend has it Bill Gates once said "who would ever need more that 64K RAM". The Dodgers just signed a pitcher for $16 million per year. A big number no one could have predicted 30 years ago. Babe Ruth signed a contract for $100K back in the 20's. It was mind boggling at the time.

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