To: Softechie who wrote (8438 ) 10/25/2002 10:17:51 AM From: Jim Willie CB Respond to of 89467 Amazon movement brings thoughts of sanity to mind AMZN sold off over a point, after meeting EPS expectations, showing good growth, but pitiful profit margins... those margins neither worsened much or widened much... so what is the big deal? easy... that 95 PEratio deserves some reconsideration by the forces of gravity... when do the numbnuts give it up for AMZN, YHOO, EBAY Yahoo PE=160 EBay PE=90 gimme me a break in this debt collapse environment, minimal debt, good cashflow, and reliable earnings are the key to survival these guys are my meter for Stock Insanity Constancy talk of capitulation is pure hogwash until these guys experience the wonders of gravity Internet company? I thought we decided correctly that such a phenomenon was a marketing ploy for investors, to fleece them of their money, to make fools of them for their gullibility Amazon owns several very large distribution plants, with genetic materials dating back millennia, as in "brick and mortar" Amazon's profit margins are puney AMZN is a $3-4 stock Yahoo had some "decent" earnings... so they run from 9 to 16? .. did anyone learn anything since 2000? .. what the hell does "decent" mean? .. so they have a 160 PEratio, continuing to fool morons out there... they may have continued growth... ad revenue cannot be counted on in this environment, especially not when the link between internet website ads and real business generation is so tenuous to begin with I personally have not bought a single item in my life from a website ad, not one... I have bought about 5 books from Amazon, but not from an ad, seizing a spontaneous moment triggered by a website ad AMZN, YHOO, EBAY still work well as stock market stupid meters AMZN at $3-4 (not 19) YHOO at $2-4 (not 15) EBAY at $12-16 (not 62) all claims of bottom being in, worst over, capitulation... they are all pure nonsense... get real I have been saying that CSCO was a $5 stock for many months the gravity forces are beginning to exert themselves, working their magic down from 16 to 8 and back to 12 in the end, gravity wins CSCO has a PE of almost 50 this is still a $5 stock / jim