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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 242.94+1.5%3:59 PM EST
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To: KeepItSimple who wrote (56677)5/14/1999 4:43:00 AM
From: Olu Emuleomo  Read Replies (1) of 164685
 
"Why are these stocks all 1000% above their actual worth?"

KIS, A stock is worth *exactly* how much people are willing to pay for it. No more, no less. The stock market is actually an auction house, with shares going to the highest bidder.

--Olu E.
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