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

AMZN 227.03

+2.6%

1:56 PM EST

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To: Sarmad Y. Hermiz who wrote (42882)	2/27/1999 4:48:00 PM
From: Randy Ellingson	Read Replies (2) of 164684

>> Bill, No, it just mean that you can sell a reasonable # of shares today from $120 to $130. Try sell one million shares today, sell, not trade. Amzn has over 160 million outstanding shares. << That is the most intelligent comment on the market cap of amzn I have read. I agree with William. To say the price doesn't reflect a true market cap in a takeover or merger situation is wrong. In fact, nobody knows for sure how AMZN would be valued in a merger. Who's to say that at 10% of WMT, WMT doesn't think putting their "online" worries to rest isn't worth $25B on Monday? Very doubtful it will happen, but the market cap is the best verifiable valuation anyone has to go on. Randy P.S. Try buying that same million shares. Buying, not trading.

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