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

To: Sarmad Y. Hermiz who wrote (42285)	2/24/1999 4:20:00 PM
From: Don Westermeyer	Read Replies (1) \| Respond to of 164684

I think you are mistaken me for an AMZN stock bull! I'd have a hard time buying the company at $10/share, let alone $100. IMO Amazon.com the company is pretty good. AMZN the stock will eventually trade with a P/S < 1, just like every other retailer. Of course one does have to discount growth, but sales will have to grow 25 times to support a stock price at the current level just to be near what a low margin retailer goes for. The markets disregard for risk is just enormous these days. There are good reasons these stocks are compared to the famous tulip binge.