Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: KeepItSimple who wrote (58465)	5/25/1999 5:46:00 PM
From: Don Westermeyer	Read Replies (2) of 164684

All AMZN would have to do to get a tangible book value is to sell some stock. If they sold enough stock they could get the book value up to a couple of bucks/share! Issuing convertible stock is a lot sneakier way of getting cash though. IMO AMZN is over-priced at anything above $20. Even at $20 AMZN has quite generous valuation ratios.

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