Amazon.com, Inc. (AMZN) Message Board

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

AMZN 243.12

-0.6%

2:26 PM EST

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To: Bretsky who wrote (40934)	2/18/1999 2:26:00 PM
From: Don Westermeyer	Read Replies (2) of 164685

WHY IS THIS THING SELLING OFF ?? Are you kidding??! A better question might be why did it go up in the first place. It wasn't like AMZN was making tons of money or anything. Even at the current 'low' price there is still about 20 years worth of strong growth is priced into the stock. If this thing decides trade on any reasonable multiple of sales or earnings it has a lot more downside.

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