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

To: Robert Rose who wrote (28162)	11/25/1998 9:56:00 AM
From: jach	Respond to of 164684

AMZN real price is 1999 estimate of 1.80 times their amazing growth rate of 200 = Negative 360$ AMZN current price = 220 Real price - current price = -580$ Who will be the biggest suckers looking up admiring at the majestic heights when suddenly the mountain comes crushing down

To: Robert Rose who wrote (28162)	11/25/1998 10:11:00 AM
From: jach	Read Replies (1) \| Respond to of 164684

AMZN actual price is MINUS 560$. This is mathematically very accurate. It is based on the tried-and-true well tested for many generation formula using PE times growth rate. Therefore, 1999 estimate of -1.80 times their amazing 200% growth rate = -360. Then we do this simple calculation of current price - actual price and the result is -560$.

To: Robert Rose who wrote (28162)	11/25/1998 11:35:00 AM
From: Robert Rose	Respond to of 164684

Just bought quite a bit of OMKT at less than 9. Stock has been performing poorly recently, but as far as I can tell, it's a good company, but has not entered the tornado yet. CMGI purchased a bundle of the stock in August, I believe, at around 15$ a share, I believe, so the company has some good credentials and I still got in at a good price. Have not been following the stock closely, so I may be all wet. Admit that I'm following laggard momentum in a bull sector market right now. Would not have done it if my long-term impression was not positive. Now to the OMKT thread to see if my decision was a good one.... <G> Yes, we live in amazing times.