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


To: Peter J Hudson who wrote (31714)12/30/1998 10:12:00 AM
From: Gary Walker  Read Replies (1) | Respond to of 164684
 
>DLJ piece was selectively using "brick & mortar" accounting to justify Amazon valuation

Which is the ONLY way the justification is possible....

In the right industry the model works, but as you say it doesn't/won't in a commodity business. Certainly, not at the AMZN valuation.

If this stock was selling for $5 a share today would you buy it?