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


To: Glenn D. Rudolph who wrote (112365)12/4/2000 12:00:53 AM
From: swimmygoof  Read Replies (1) | Respond to of 164684
 
97% of the world is pessimistic on AMZN, and the short interest is in excess of 10% of all outstanding shares. This stock is poised for an upside explosion if the general market doesn't continue tanking.

I would like to buy calls but I don't have enough confidence that the market won't continue to tank.

AMZN is selling for 2x next year's revenue and growing 50% a year for the next 5 years. It should be at a 6x forward revenue multiple, and would be if it weren't for the current market conditions and constant media bashing.