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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: Bearded One who wrote (56153)	5/9/1999 4:21:00 PM
From: Sarmad Y. Hermiz	Read Replies (3) of 164684

>> 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? << By this measure, neither is Microsoft worth 500 Million, nor GE worth 300 B. No one can buy them anyway, so the question of buying the whole company never arises. But to answer your question. The speculator isn't asking "if I had 5B, where should I put it ?", the more relevant question is "I have $10k, how can I make $1k tomorrow ?". The answer is never treasury bonds. It is more likely to be either buying or shorting amzn. If you get this answer right a few days in a row, you become very rich very fast. I have not managed this trick, yet. But this is the promise of Amazon. And it has nothing to do with selling books.

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