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Non-Tech : Secret Squirrels hit! -- Ignore unavailable to you. Want to Upgrade?


To: musicguy who wrote (4095)1/20/1999 12:18:00 PM
From: Questerr  Read Replies (1) | Respond to of 12872
 
I don't know what is driving AMZN today, however, Barron's noted several weeks ago that if Amazon sold every book in the United States with an assumed healthy 3% margin - the stock would still be trading at something like a 75 or 100 PE. I realize AMZN's business model encompasses other products, but most of them like CD's, videos, books, etc. are low margin??? Maybe reality is creeping into the valuation...