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

To: KeepItSimple who wrote (40858)	2/18/1999 12:07:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164687

>>The whole purpose of the split was to MAKE you forget that!<< Your right. I have a mind like an elephant. I won't forget. Do you think that the other elephants are looking too??

To: KeepItSimple who wrote (40858)	2/18/1999 12:41:00 PM
From: Don Westermeyer	Respond to of 164687

The whole purpose of the split was to MAKE you forget that! That is exactly right. There was no other reason to do it other than to manipulate the stock higher since that is AMZN's monopoly money. And it worked pretty darn well. They basically got free money from the convertable. OTOH one look at the graph shows just how much air is still left in the stock price.

To: KeepItSimple who wrote (40858)	2/18/1999 12:47:00 PM
From: John Chen	Respond to of 164687

KIS,re:"Not forget". Didn't someone 'estimates' earning of $0.20 in year 2000 and this is 'Cyber-walmart'. WMT is making 1.85 with PE around 46. Since this is Cyber-store, the PE is 10x, (or pick your number) ie PE=460, so $92 is a fair Cyber-price for Cyber Stock. Only smart people can handle the 'cyber-space'. Substance is of no significance, the 'concept' and 'vision' is what matters. Making $0.20 in Cyber-space is equivalent to making '$2.0' in the real world. Don't we use the same currency or there is 'cyber-dollars'? Actually, was it $0.02 or $0.2, so either this is $9.2 or $92 stock.