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


To: MoonBrother who wrote (33112)1/6/1999 11:35:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
>It COULD go up another 10 folds!!!

Let's see. At todays market cap of around 26 billion (including all the employee options) that would mean 260 billion, or twice the size of wal-mart and more than half the size of microsoft. I believe it would then be the 5th largest company in the world. Bezos would be the richest man in the world, easily beating Bill Gates who only owns a paltry 25% of microsoft.

All without ever earning a dime. Not a chance in hell.

The laws of big numbers are catching up with scamazon. It is not possible for it to increase 10 fold from its current position.



To: MoonBrother who wrote (33112)1/6/1999 11:42:00 PM
From: Jan Crawley  Respond to of 164684
 
That's right! It COULD go up another 10 folds!!!
You have been warned!


Amzn will carry lots of volatility, up and down!
Please be informed.



To: MoonBrother who wrote (33112)1/7/1999 2:46:00 AM
From: Goldbug Guru  Read Replies (2) | Respond to of 164684
 
You're 101% correct!

By the end of the year, all the bearish analysts will be banging their head on the wall...drinking water from their toilet bowl, trying to figure out why Amazon.com went up another 300%
why! why!! why!!!

You will be hearing a lot of this at the end of the year....
I SHOULD OF BOUGHT IT WHEN IT WAS 138 BUCKS



To: MoonBrother who wrote (33112)1/7/1999 4:16:00 AM
From: DAY TRADER  Read Replies (1) | Respond to of 164684
 
Right on Brother Moon AMZN will go up 10 FOLD!

dt



To: MoonBrother who wrote (33112)1/7/1999 4:28:00 AM
From: Jay8088  Read Replies (3) | Respond to of 164684
 
<<<< All signs have suggested that this year will be marked as
e-commerce's first true take-off year. AMZN, the undisputed e-commerce king, will no doubt enjoy this terrific year. Let me ask you this, if e-tailers put up net sales increase rate 2x of last year's rate, what do you think it will affect AMZN's price? >>>>

What does e-commerce or for that matter any other fundamental factors have to do with AMZN stock price? Did tulip mania have anything to do with intrinsic value of flowers? Or South Sea Bubble with real economic prospects? Or more recent example: Suppose in one year, the price of some hot beanie babies went up 10 fold. Could it do it again? Yes. If the demand is there. But are you willing to buy dolls on that account? And no doubt Bezos is smart enough to control the supply and build up 'aura of value' for his money losing company. But the game would be over soon enough once the fad gets old. Heard of cabbage patch dolls lately?