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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 228.40+0.5%3:01 PM EST

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To: Bill Harmond who wrote (42206)2/24/1999 2:30:00 PM
From: Curlton Latts  Read Replies (1) of 164684
 
Bill: RE: eBay - The investment bankers initial pricing on Sept.23 at the IPO was $14 - final $24. Five months ago. Were they really that stupid that they'ld leave $11.5 billion of market cap laying on the table?

I agree - eBay looks fab. The story seems outstanding, the internets have been market leaders, but the market has already valued this thing through the sky at $12 billion market cap on $1.5 million of last quarters earnings. This company was just created in 1995 (lolol, unbelievable). Couldn't anyone with a big checkbook come along and do a copycat while undercutting price?

This has got to be just a short term trade in your mind.

Good Luck To Each And All

Curly

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