Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John May who wrote (881)	11/27/1997 10:14:00 AM
From: zTrader_77	Read Replies (1) \| Respond to of 164684

It is a new type of bookstore but you got to admit that in no way is AMZN worth 1.2 billion right now. Maybe 10 years from now but not today. The same thought was discussed a few years ago with the ISP's. How the internet was the new medium (which is true) and how TV was on its way out and of course the stocks like Netcom and Spyglass ran up to 90.00 or so on the hype. If market values really don't matter due to the "new" concept then why not push the value of AMZN to 10 Billion or 400.00 a share! When does it become overvalued? Just as the ISP's fell back to earth so shall these stocks also. Have a nice Thanksgiving, Kirby