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

To: llamaphlegm who wrote (9235)7/7/1998 4:08:00 PM
From: Greg M.  Respond to of 164684
 
You're right, no one knows what will happen tommorow. My hunch is that the small investors will try to see this as a buying opportunity, but if funds start unloading, this could get ugly very quickly. Regardless, I doubt funds will buy this for some time.

Good luck. Monty (short AMZN as of late)



To: llamaphlegm who wrote (9235)7/7/1998 4:25:00 PM
From: Rob S.  Respond to of 164684
 
Your right. True value = 70X future earnings; 70X 0.20 = $14. I figure a high premium on Amazon because it has the "force" with it.


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