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


To: Raiders who wrote (23488)10/28/1998 11:08:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
My only question would be will people like Peter Lynch or Warren Buffet pay these kind of prices for these
stocks?


Well, Warren Buffet would have done better if he bought AMZN this yr
37% vs 290% :-))

AMZN
bigcharts.com

Warren B.
bigcharts.com

--Olu E.



To: Raiders who wrote (23488)10/28/1998 11:25:00 PM
From: David Howe  Read Replies (2) | Respond to of 164684
 
AMZN management must be really good if the company is worth 3 times what BKS is worth. BKS had revenue of 2.8 billion last year, AMZN might get to 500 million if all goes well this year.

Oh yeah, BKS has stores. I'd never buy a book from AMZN. I go to Barnes and Noble all the time. I get a danish and coffee, people watch for awhile, bump into a friend, check out the magazines, listen to some music, sit on a couch, flip some pages, ask an employee where the new one from Preston is, buy an Investors Business Daily and a paper back and head home. Oh, and I never have to wait 3 days for UPS to bring my IBD.

Dave




To: Raiders who wrote (23488)10/28/1998 11:43:00 PM
From: Rob S.  Respond to of 164684
 
Warren Buffett no. Peter Lynch ("the trend is your friend" Lynch) maybe but probably not. But what difference does that make in the short-term?