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.

Strategies & Market Trends : AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: michael c. peterson who wrote (17)	3/10/1998 12:26:00 PM
From: Candle stick	Read Replies (1) \| Respond to of 182

A reminder about some of the competition: See it for yourself, they are all profitable companies........ barnesandnoble.com booksonline.com borders.com acses.com netmarket.com cendant.com. virtual.bookshop.com books.com booknet.com discountbooks.com This is just a small sample, and demonstrates what a commodity item a book really is, and how many choices one has on the 'net.......They are all profitable companies, most with billions in sales.... AMZN now has a market cap of 2 billion with 140 million in sales, a loss for 1998 projected at $1.28 and no projected profits until Q3 1999 when analysts are estimating 2 cents if everything works out. For comparison sake, Barnes and Noble has a very nice website, name recognition all over the country (they don't spend on TV ads either) a P/S of less than 1 (AMZN P/S of 13) sales of 2.7 billion and a market cap of 2.3 billion.... ......what is it that AMZN buyers are buying anyway?..........;^)