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

To: Candle stick who wrote (3646)	4/29/1998 2:14:00 PM
From: Tom D	Read Replies (5) \| Respond to of 164684

<<<there are several hundred general and specialty booksellers listed here.... they are all selling at P/S about 20 times less than AMZN>>> Yes, as Ken P points out, it appears we are still using ancient techniques to value this revolution! Candle Stick, AMZN will likely sell $500M worth of books in 1998. I anticipate revenues of ~$10B in 5 years (2003). The general and specialty booksellers do not have AMZN's potential for growth. Neither do BKS and BGP. Bertlesmann does, and I wish I knew what they were up to lately. Anyway, this explains the difference in the P/S ratios. Best Regards, Tom D