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

To: Stefan who wrote (35015)1/14/1999 10:29:00 PM
From: JimNewby  Read Replies (1) | Respond to of 164684
 
Even at $7 a share; AMZN would have a cap exceeding $1 billion. Nobody would argue that the Thing is worth $1 billion now. Maybe (and just maybe) someday it might be. What it will be worth in the future is what people are buying now. I truly believe that their bond debt will bankrupt them and their future value will be zero, but they will be bought out before that happens.

3.5 B or 24.5 B, doesn't make much difference. Any value over ridiculous is still ridiculous.

JMHO, Jim



To: Stefan who wrote (35015)1/15/1999 2:29:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>>I would never pay $24.5 B for three warehouses and obscure areas.<<
They paid $ 24.5b to speculate and join the mania. It was the greatest get rich scheme of the century.
Did you know that there are still speculators that are hoping it's not over?
Even the institutions haven't figured it out. Don't go short until they do.
ps
I'm short because I like to gamble and I think Bezos is running out of cards.


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