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

To: H James Morris who wrote (149620)11/3/2002 4:19:53 PM
From: Alomex  Read Replies (2) | Respond to of 164684
 
Barron's suggests that a reasonable price-to-earnings ratio could be 20, but based on its examination of Amazon fundamentals, it says such a ratio justifies a $5 price rather than Friday's close at $19.80

And it will get there when the economy starts to pickup and Amazon is still selling around $1B per quarter at 2-5% margins this company will sink to its true value, just as it fell from over $100 per share to its current price.


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