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


To: Mark Myword who wrote (16685)9/10/1998 1:16:00 PM
From: James Strauss  Respond to of 164684
 
Perky:

Here is a look at AMZN's Fundamentals:

stocksheet.com

My guess is they'll do over 100 million in sales...

Notice that they are currently priced at 106 times book value... The market is priced at about 5 times book value... The price sales ratio is over 13... Generally, over 2.5 or more is considered over valued...

The S&P 500 was just halted for a few minutes... If these great companies with earnings are seeing big drops in their Index, you can rest assured that AMZN with its poor fundamentals will be heading much lower...

Jim