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

To: tonyt who wrote (32211)	1/2/1999 11:38:00 AM
From: llamaphlegm	Respond to of 164684

Frankly, Schoelzel has always been a little bit hard to pin down when it comes to his investment strategy. In general, he likes to buy into high-growth businesses that have a dominant franchise. But he doesn't have any absolute guidelines or thresholds. For example, he doesn't seem to have any strict rule about how rapidly a company's earnings must be growing for him to get interested. He also professes to be unconcerned about stocks with sky-high price-to-earnings ratios. Schoelzel does display some sense of acrophobia on occasion. Press him on the Internet darling Amazon.com, for instance, and he confesses that even he can't stomach its current level of $321 a share, or 45 times revenues. Yet Schoelzel shows no such fears about AOL, which last week was trading at 154. barrons