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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Joe Stocks who wrote (44323)10/25/2002 9:26:24 AM
From: Ron McKinnon  Read Replies (1) | Respond to of 53068
 
let's make it simple

amzn is a real company with large $ revenues, has a great name, and millions of loyal customers

the issue is will they finally be able to make real and consistant actual profits, and then what stock price will those profits justify

let's say in 3 years they make a real 50 cents a share
at a generous multiple of say 30 that's a 15 stock price

place your bet, wait to see if you were right