Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: MJCok who wrote (25540)	11/10/1998 6:36:00 PM
From: Raiders	Respond to of 164684

Another excerpt: The analysts' price targets are based on valuations that are difficult to comprehend, says Amerindo's Lord. But there may be a motive, he says. The sell-side analysts want to get in on the secondary offerings of these companies. So it's impossible for them to downgrade the stock or say anything negative, Lord explains. While analysts are using valuations that are outside of traditional models, no one knows what is fair value for Internet companies. "Great stories and explosive stories always look too expensive, and then they get more expensive," says Siegel. "I think if anyone thinks they can put a value on these stories, they are kidding themselves."