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

To: H James Morris who wrote (29593)12/11/1998 12:36:00 AM
From: Peter J Hudson  Read Replies (2) | Respond to of 164684
 
To All:

I know that I will suffer attacks from the zealots, but can someone explain the valuation of amzn. I appreciate the fact that they pioneered E-commerce. I like the company and purchase books and CDs from them. At current price they would have to earn $7/share for a 30 PE ratio. When is this likely to happen? I do have a small short position, but this is certainly not an attempt to talk down the stock. I've read the last several hundred posts on this thread and I haven't been made to understand a $200+ price. Please help me to understand.

Thanks
Pete Hudson



To: H James Morris who wrote (29593)12/11/1998 5:54:00 PM
From: llamaphlegm  Read Replies (1) | Respond to of 164684
 
<<You hate Amzn.con. Don't you? >>

hjm

huh?
why would anyone ever hate a stock? fairly irrational, i'd say -- do i think that it's an overstuffed pig? eyup. do i think that the longs who believe that this is a good long term investment, are delusional? eyup. do i hate it? no.

lp


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