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

To: Victor Lazlo who wrote (152252)1/30/2003 10:30:41 PM
From: Alomex  Read Replies (1) | Respond to of 164684
 
Now, thanks to pro forma accounting, it does. Amazon currently trades at 120 times trailing 12-month pro forma earnings and at 70 times projected 2003 pro forma earnings. eBay (EBAY, news, msgs), which is growing faster than Amazon.com, trades at 60 times 2003 projections. Bookseller Barnes & Noble (BKS, news, msgs) trades at just 10 times 2003 estimates.

Buy, buy, buy!



To: Victor Lazlo who wrote (152252)1/31/2003 12:37:51 AM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
And amzn's FY is still out of sync with every other retialer's FY. Why is that ??

Because amzn is not just a retailer. Have you been listening to Holly Becker, the analyst that claimed that amazon was too expensive to be "just a retailer" at 9 bucks? Amzn is a portal, so why would you propose changing their fiscal year, then they would be out of sync with every other portal.


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