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

To: H James Morris who wrote (29146)	12/7/1998 1:14:00 AM
From: jach	Read Replies (1) \| Respond to of 164684

The bottom line is that AMZN is way overvalued now. As Internet revenue grows and when the time comes that can generate certain level of profit, the big companies will come out in a big way. Almost all the brand name companies have been preparing their great web site for some time now, such as Disney. Once the John Q Public starts spending on the net consistently these sites will all come out to collect their fair share. At this point in time, the net market is still pretty small compared to the total retail market. So, the probability of getting 60% growth is virtually NIL. All imo.