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


To: M. Frank Greiffenstein who wrote (20355)10/6/1998 2:23:00 PM
From: OtherChap  Respond to of 164684
 
>I would not call YHOO and AMZN leaders <g>.

They may not be leaders, but Yahoo is still trading at a 800:1 P/E ratio and Amazon is trading even higher.. (not total market cap, but in relation to earnings)

No stock in the market can maintain these mania levels, especially right now. They will correct. The markets are efficient over the long term.. The problem is the short term manipulations. :)