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To: John Vosilla who wrote (2129)2/24/2014 11:30:34 AM
From: Jurgis Bekepuris  Respond to of 2722
 
Still I look at their financials can't see how they grow into the current market cap if they haven't come close to reaching the scale and profit margins needed by now..
Yes, AMZN is hugely overvalued.



To: John Vosilla who wrote (2129)2/24/2014 1:23:52 PM
From: tejek1 Recommendation

Recommended By
Jurgis Bekepuris

  Read Replies (1) | Respond to of 2722
 
Has done much to harm brick and mortar over the year. Seems the wealth has shifted into the pocket of Bezos the lucky shareholders, Fed Ex and UPS. The world is always changing Ted. Still I look at their financials can't see how they grow into the current market cap if they haven't come close to reaching the scale and profit margins needed by now..

Ten years ago, I was telling some people who own AMZN shares that $70 was a good price for their shares and they might want to sell because I felt AMZN was overvalued. ;)