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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (71004)	7/30/1999 11:48:00 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 164684

I own Priceline. They have alot of work to do to get the concept more user-friendly, and they must broaden their portfolio like they did this week with automobiles. The problem is all these stocks are going through a crisis of confidence created by the stock movement. Would I buy it here? yes. Would I sell it here? No. Fair value is tricky for Microsoft or Cisco! Adding to the confusion, Priceline reports revenues based on selling prices not commissions, so you can't assign revenue run-rate multiples like the other leaders. To me, Priceline shares the top tier with just AOL, Yahoo, EBay, and Amazon.