SI
SI
discoversearch

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 (12597)8/4/1998 10:45:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Oops - Actually I think I need to retract most of this. I see the float is now 19.3 million shares. I guess all that stock is still in strong hands or today would have been different for AMZN.

Don,

Why do you think that the float is now 19.3 million shares??. Thanks.



To: Don Westermeyer who wrote (12597)8/5/1998 6:41:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

When growth actually slows for this nutcase stock the chart will get ugly very fast. I just
cannot believe AMZN will live up to the expectations built into the stock price. Even a
P/E of 50 on earnings of $0.50 (in 2005?) makes this a $25 stock.

This stock makes even YHOO look undervalued.


Don,

The valuations here are laughable as you stated. More shares will come on the market soon and the strong hands will have a bit of trouble.

Glenn