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

To: H James Morris who wrote (109612)10/5/2000 11:53:20 AM
From: Robert Rose  Read Replies (2) | Respond to of 164684
 
hj, over the last 18 months, yhoo's pe has declined from 1600 to 264 today. (If you think that's due to declining earnings, you're wrong. <g>) Granted, yhoo is aproaching buying range, but only by the rosiest of bull market standards. So yes, perhaps yhoo is bottoming now. And as a core LT investment, it is probably worth considering now. But in a volatile market like this, given its recent price performance, it's still high risk, imo.


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