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


To: Glenn D. Rudolph who wrote (35671)1/21/1999 1:08:00 PM
From: Peter Greenhill  Read Replies (3) | Respond to of 164684
 
Maybe, but many investors consider AMZN greatly over priced stock.
Long term it is a great investment IMHO
Why?

Simply because revenue from net retailing is currently a very small part of the retail revenue in total. In 5, 10, 15 years it is likely to grow significantly. Companies such as AMZN will then be making large profits and consequently justify a high share price.