Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.37

-0.9%

Dec 3 3:59 PM EST

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To: Bill Harmond who wrote (56095)	5/9/1999 4:09:00 PM
From: Bearded One	Read Replies (3) of 164684

Alan Abelson is much smarter and more well informed than 99% of the people reading this. Just because a stock goes up doesn't mean the company is worth anything. Abelson's problems have simply been one of timing-- he woefully underestimated the number of greater fools willing to bid up the stock of a companies with no real hope of profits. Will someone here care to explain why Amazon is worth even 5 billion dollars? If you had 5 billion dollars would you make more money owning ALL of amazon as a privately held corporation, or putting the 5 billion in a treasury bond earning 250 million per year or so?

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