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: Don Westermeyer who wrote (2737)	4/2/1998 7:13:00 PM
From: Tom D	Read Replies (4) \| Respond to of 164684

Maybe multiples of 1999 earnings are the wrong tool.... ...for assigning a value to AMZN. Who knows when such a pedestrian yardstick will be meaningful for internet stocks? The wild growth of the internet will moderate when we all have cable modems, when every PC is a videoconferencing station, when audio has replaced keyboard interfaces, etc. etc. If you think you know enough to bet against this sea change in modern society you are either very knowledgeable, or risk tolerant, or both. Or you know something (probably lots of things) that I don't. Maybe you should pursue other investment opportunities with more favorable risk/reward ratios than shorting AMZN. I do respectfully disagree with your thesis that the 1999 PE ratio is meaningful. Best Regards, Tom D