Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

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 : Amazon.com, Inc. (AMZN)

AMZN 222.69

+0.1%

Nov 19 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sarmad Y. Hermiz who wrote (59251)	5/30/1999 4:39:00 PM
From: JC Reddy	Read Replies (2) of 164684

Amazon is finally going to be trading at price/sales ratio of less than 4. I have no doubt in my mind about that. With current sales, the stock price should be less than $20. Insiders are selling like crazy. 100's of millions of dollars worth of stock. It is not about Bezos. It's about the business model that just cannot have profitable margins. There is no strategy that will make AMZN unique. Nothing. Zilch. Keep attributing the stock price to some unknown, non-existent e-commerce strategy and you will keep losing money. With so many Internet companies to play with, day traders will not push AMZN as much as they did in the earlier days. The bubble is leaking now and will burst some time soon.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next