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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.55-1.6%3:59 PM EST

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To: Glenn D. Rudolph who wrote (42906)2/27/1999 11:31:00 PM
From: Mike M  Read Replies (1) of 164684
 
Just a small clarification. The only book value that Amazon has is good will. There is no tangible book value.

Exactly Glenn...makes this a pretty risky investment by any standard. Not much prospect for earnings, much of that revenue growth may well be due to acquisitions as much as anything...

Not a real slam dunk, to put it mildly!

Mike
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