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


To: cellhigh who wrote (31094)12/24/1998 7:04:00 PM
From: jach  Read Replies (2) | Respond to of 164684
 
342$ for a company that is not even maming money. Even at 1$ earnings it will be at astronomical PE of 342. When will AMZN get 1$ earnings? maybe five years later. Every 20% rise is a selling opportunity. Next year AMZN will be 50$ or less.



To: cellhigh who wrote (31094)12/26/1998 1:47:00 PM
From: Tom D  Read Replies (1) | Respond to of 164684
 
I must acknowledge my mistake to the thread.

I thought Jach's posts were sincere but misguided.

You are right, Cellhigh, that they only make sense from a comedic perspective.

AMZN has exceeded my 5 year target ($600 prior to any splits). The tone of my sphincter muscles is getting a bit too high with this stock. My little investment in AMZN has grown about 15x and it is now very serious money. I am planning to sell half around the time of the Q4 earnings report.

Best regards,
Tom