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

To: Bob Kim who wrote (99163)4/5/2000 8:15:00 PM
From: GST  Read Replies (2) | Respond to of 164684
 
BOB: Great stocks can get grossly overpriced -- as can any asset. If you like, I can set you up with a house in Hawaii for only $60 million - which is what it cost the owner. Problem is, nobody seems to want to pay more than 10 million now! Imagine that, it was overpriced and now nobody wants it! Losing 90% of your money on a "sure thing" - after all they are not making any more land, and people will always want it -- yes? Actually, no.



To: Bob Kim who wrote (99163)4/5/2000 9:11:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
McCabe has a $175 price target on VERT that implies 108x 2000E revenues. ML has a $125
target on ISLD that implies 158x 2000E revenues. I guess he's saying his own research isn't
rational.


Something a bit strange here. My largest dollar loser so far is VERT.


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