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

To: William T. Katz who wrote (1810)2/28/1998 1:40:00 PM
From: 4-UR-Eyes-Only  Respond to of 164684
 
AMZN has a market capitalization over $1.6B and sales/price ratio over
11.0....negative p/e....more competition will pop up soon.... the
bubble is getting bigger and bigger....insiders are filing so many
144's to SELL like there is no TOMORROW .....not offering the lowest
price ...Even with a billion in sales, the p/e will be over 40 for
consumer /commodity products ............

YOU GOTTA LOVE IT when the BUBBLE BURST!!!!!!



To: William T. Katz who wrote (1810)2/28/1998 1:46:00 PM
From: Tom D  Read Replies (1) | Respond to of 164684
 
Thank you for your thoughtful, reasoned analysis.

After reading your assessment, you make me ambivalent about owning the stock. I have been told that a couple of brokerages are promoting AMZN as a stock which "should be a staple in every portfolio". I guess I'll just hold on and wait it out and see what happens. It gives me a kind of serenity about the whole conflict to appreciate the soundness of your reasoning.

Best Regards,
Tom D


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