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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: John Donahoe who wrote (57075)5/17/1999 1:51:00 PM
From: Bearded One  Read Replies (1) of 164684
 
I give them the benefit of the doubt.

I can see giving the benefit of the doubt to a start-up. But to a company with a 20 billion capitalization? This is emblematic of the whole disconnect which has driven the internet stock prices so high.

I give the benefit of the doubt to companies worth a few tens of millions max. When Amazon has a market cap of under a hundred million I will give them the benefit of the doubt on their accounting.
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