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


To: Glenn D. Rudolph who wrote (23590)10/28/1998 11:41:00 PM
From: David Howe  Read Replies (1) | Respond to of 164684
 
Let's say that 5 years from now AMZN has 3 times the revenue that it has today. That would put it at around 1.5 billion in revenue. Let's say that their incredible management is able to achieve net margins that somehow are twice what BKS has averaged for the past 5 years. That would put earnings at around 75 million. With a PE of 25, the stock would be valued at $37 1/2.

That's a lot of ifs and a long time to wait for the stock to actually be worth 37 bucks.

Dave



To: Glenn D. Rudolph who wrote (23590)10/29/1998 12:03:00 AM
From: Philip Logos  Respond to of 164684
 
Glenn,

I think you'll win your bet. I'm not sure how soon reality will set in the market as a result of today's numbers, but when it does we'll see some fast and furious dumping down to some level that will look like a bargain to the usual group who buys this "Thing" when it looks appetizing.

Good luck,

Philip