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


To: ms.smartest.person who wrote (120199)3/12/2001 11:06:12 PM
From: Victor Lazlo  Respond to of 164684
 
<<Instead of buying Amazon or Yahoo or EBay, or trying to be the first one to get shares in a moon-shot IPO such as theglobe.com (which rose by 600 per cent its first day), Mr. Buffett continued his 40-year-old policy of investing in boring industries such as insurance and real estate. >>

ACAP is still a steal at today's price of $19; book value is $31. PEG of about 0.66