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

To: Jan Crawley who wrote (10461)	7/15/1998 3:47:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

I don't think it will rally to 130 but would love to see it. That would be the "last gasp" of investor enthusiasm before it goes through a major downturn, IMO. I think AMZN will probably retain high valuations - down only to 70 or so. True value for this stock at this point is more like 20 or 30. If they do everything investors dream about, then it might be "worth" 50 in a year and 70 in two or three. Of course, a stock is "worth" whatever people are willing to pay for it at the time.