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

To: Glenn D. Rudolph who wrote (114950)	1/10/2001 8:47:29 PM
From: GST	Read Replies (1) \| Respond to of 164684

The dot.com world may be bracing for its final descent into the abyss: thestreet.com

To: Glenn D. Rudolph who wrote (114950)	1/10/2001 10:38:09 PM
From: Hobie1Kenobe	Read Replies (2) \| Respond to of 164684

Glenn - fyi, Peter Eavis on the Street.com tonite puts the downside risk of YHOO at $8 -- caveat - he expects the NAZ to sell off to 1500 thestreet.com The hard question for investors is how to value Yahoo!'s shares now. At Wednesday's close, Yahoo! was trading at around 50 times expected 2001 earnings of 57 cents. If Yahoo! ends up making 38 cents in 2001, it now has an even more lofty price-to-earnings ratio of 65, using the $24.50 stock price currently seen in after-hours trading. Clearly, the stock should fall further from here. At a more realistic 2001 P/E of 20, the stock would be trading just under $8. Consider that the potential downside from here.