SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Internet Analysis - Discussion
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chuzzlewit who wrote (367)5/14/1999 12:14:00 AM
From: musea  Read Replies (1) of 419
 
Chuzzlewit,

What's interesting about the Morris method of valuing internet stocks is that 1)it is highly arbitrary and depends strongly on initial assumptions, 2)it doesn't seem to give reasonable results on other more mature companies and 3)it is considered significant enough to publish an article about it. This tells me that others are employing real dowsing rods.

Your own suggested valuation has some generous assumptions built in even to arrive at the price of $30.74. One would need to argue that AMZN would essentially take over large new segments of internet commerce (with higher margin than book sales). This is happening to some extent, but it is far from clear that AMZN will be able to hold on to any territory it's staked out.

What's not really clear at this point is how big the potential internet commerce universe will be. It will clearly transcend political boundaries, so the opportunities may indeed be enormous.

Thanks for your concise summary.

-musea
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News