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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.64+2.6%3:59 PM EST
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To: Smart Investor who wrote (36368)1/24/1999 7:00:00 PM
From: M CAHILL  Read Replies (3) of 164685
 
The last paragraph of the Barron's article says... "If you valued Amazon, at say twice forward sales - and assumed that revenues handily triple - the stock, instead of trading at 123, would sell under 25. And, at one times sales, under 12. "

Another part of the article says... "So the only the Amazon has proved so far is that it can lose money selling books and lose still more money selling CDs."
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