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


To: Platter who wrote (27794)11/23/1998 11:28:00 AM
From: Roger A. Babb  Read Replies (1) | Respond to of 164684
 
Platter, the briefing.com notemakes the usual mistake of assuming that the AMZN stock price is somehow related to sales. The Internet stocks do not trade on fundamentals but on stock demand. They could go up by another factor of 10 regardless of silly things like revenues, the price is what investors are willing to pay, up, up up!