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

To: William T. Katz who wrote (2727)	4/2/1998 4:56:00 PM
From: cellhigh	Respond to of 164684

any pay heed to post #2647?i'm happy if i helped!!!!actually it was+10%

To: William T. Katz who wrote (2727)	4/2/1998 10:09:00 PM
From: Gary Korn	Read Replies (1) \| Respond to of 164684

Fundamentally, I've always felt there was a ceiling imposed by BKS market cap ... once Amazon >= Barnes & Noble there will be even more stories about its valuation. William, Brilliat observation! Incidentally, I've enjoyed reading your other posts as well. Very intelligent and perceptive! Alas, I thought I was relatively smart, too. But the problem with this play seems to be that intelligent doesn't matter. No one who was "smart" would buy a stock that is a decent candidate for bankruptcy in a couple of years (particularly if they continue to lose money "for the foreseeable future"). Yet it is now trading at almost 100 with a market cap of some $2.3B. Alas, smart (valuation, fundamentals, reason) has nothing to do with this stock. Still, being rational, I'm hoping that your BKS market-cap analogy does captivate someone somewhere. Gary Korn