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

AMZN 220.66

+1.6%

3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (60509)	6/4/1999 12:06:00 PM
From: Lizzie Tudor	Read Replies (1) of 164684

Only its utility, thats the first thing I do, then look at valuation. I was a bear on its utility a month ago so I changed my tune. When there is no utility then in this frothy market, internet stocks are shorts, imo. I would put the street.com in that camp and some of the secondary general portals. But Ivil rose above that in my mind, now I need to look at valuation however growth of the internet is dictating high mkt caps for inet stocks that have a chance at niche leadership. I'm not defending it, but thats the way it is, therefore, if you agree that ivil has its place then a $1bill price tag is the reality. Since I expressed dismay when William first looked at ivil I wanted to state my position now however I don't own any.... its being unfairly maligned as a dog here when actually healtheon is more of a bowow candidate imo (unless I find out something I don't know about hlth).

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