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

To: Sarmad Y. Hermiz who wrote (107781)	8/31/2000 11:25:39 PM
From: schrodingers_cat	Respond to of 164685

>...Rather that $180 for the stock of a company losing money. And a Market cap over $3B for annual rev under $50m is absurd. Unlike the e-tailers, theres no doubt that a software company with a good product can make a lot of money, so their present losses don't concern me as much as in the case of AMZN. As for the revenue, well it depends on how fast it grows, which might be very fast if the product catches on. Another point is that,like it or not , absurd is in fashion! JNPR continues to rise with a market cap of 60bn and revenues of a few hundred million. And AMZN refuses to bite the dust, even though there is plenty of data to suggest that the co. is worthless. The mo-mo crowd is out there and will drive a stock up even if the arithmetic doesn't make sense. This is the investing environment that we have to live with.