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

To: jach who wrote (28390)	11/28/1998 4:23:00 PM
From: cellhigh	Read Replies (1) \| Respond to of 164684

but bamm is worth 39$???

To: jach who wrote (28390)	11/28/1998 5:20:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

jach,<A year from now, AMZN = 10$ or less is a realistic value. > what happens if it takes 2,3,4 years to have realistic value?

To: jach who wrote (28390)	11/29/1998 12:35:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Amazon is going to report a huge increase in business this quarter and next. The fact that the valuation is now crazy does not matter much. Some investors expect Amazon to grow to - get this to a $300 billion company by 2004. Although that equals the projections for all ecommerce, 2/3 of which is biz-to-biz and not etail, this sort of wild speculation will continue to inflate the possibilities for some time to come IMO. Some pull-backs are in order along the way - giving back 1/3 of the recent move up can easily happen, but it won't crash in the next 6 months or possibly a year, IMO.