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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 238.42-0.3%3:59 PM EST

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To: MSI who wrote (54963)5/3/1999 10:49:00 PM
From: KeepItSimple  Read Replies (1) of 164684
 
I dont think there is a person who will argue against the absolute carnage "traditional" valuation methods would inflict on finances of most people with e-brokerage accounts if internuts were suddenly valued at 1 or 2 times revenue.

I don't think there would be an internet stock out there trading above single digits. And that, my friends, will meet my definition of a "correction" (meaning- "the act of making right"

The music just stopped. Tomorrow morning we'll see what happens when 2 million people try to find 19 chairs.

> If 1 or 2 times of future revenue is the basis for internet stocks, >then most of the internet stocks will be in tank.
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