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

To: Oeconomicus who wrote (133849)	10/29/2001 3:51:30 PM
From: Mark Fowler	Respond to of 164684

Yeah right now its priced high and looks overextended --interesting to see what develops

To: Oeconomicus who wrote (133849)	10/29/2001 3:53:47 PM
From: GST	Read Replies (2) \| Respond to of 164684

"24 times sales" Consider the cost of testing everybody in the country for anthrax every 3 months versus sanitizing things that move through our lives. Current sales are meaningless to me on this one -- talk to me about how many "cleaning" machines are going to be needed in the next five years -- my guess is that it will take more than eight -- LOL. And up until now the food industry has been in a bind over whether or not to use this technology. I have no idea what to say about "valuation" on this, which makes it pure speculation -- but it is not without some basis in fact that demand could be far higher than previously expected.