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

To: Glenn D. Rudolph who wrote (109803)	10/7/2000 6:05:16 PM
From: Eric Wells	Read Replies (2) \| Respond to of 164684

I do not buy on momentum. Glenn - you don't think ARBA is a momentum stock? It has no PE (it has huge losses - yes, the losses are from recent acquisitions - but even if you strip out the amortization of goodwill from the acquisitions you still get an operating loss), it has a price to sales ratio of 124 and it's operating in a very hyped yet unproven market. The situation sounds somewhat similar to Amazon about a year and a half ago. I'd be curious to know why, if not for the upside momentum, you like this stock. Thanks, -Eric