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


To: Victor Lazlo who wrote (151982)1/25/2003 3:05:59 PM
From: Alomex  Read Replies (1) | Respond to of 164684
 
As I said a month ago. A treasury note beats the earnings on Amazon many times over...

Even if starting tomorrow Amazon were to report earnings in line with other retailers of 3-5% on sales year round, its stock would still be overvalued by 100%, as compared to safe treasury bills.

How far is Amazon from reaching that goal? Well if it doubled its margins every year for the next five years it would still not be there...

buy buy buy!