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

To: Rob S. who wrote (10171)7/13/1998 1:55:00 PM
From: Arik T.G.  Read Replies (2) | Respond to of 164684
 
Rob,

The valuation problem is not confined to the internet sector.
The whole market is valued upon the best case scenario.
That's the only way to justify the prices, reached by the endless flood of funds (retirement, 2nd mortgage, every nickel and dime) into equities.

AMZN, EGGS and the rest are like a magnifying glass, blowing up the details to make a grotesque picture.

ATG


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