Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Tom Hua who wrote (34349)	5/3/1999 11:56:00 PM
From: J.Y. Wang	Read Replies (1) of 122087

<PCLN> Playing devil's advocate here... AMZN has 7 times the market cap of BKS and BGP combined (keep in mind that BKS and BGP also owns the majority of those bookstores in the malls -- Waldenbooks, etc.) and it's still there. PCLN is also selling a lot more than airline tickets. PCLN has a market cap of $20 billion. It is obscene, but is PCLN at $20b any more obscene than TUNE at $10 billion, INSP at $2.5 billion or even EFAX at $250 million? Most internet stocks are way overvalued. I don't see PCLN tanking if net stocks in general hold.

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