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


To: Sarmad Y. Hermiz who wrote (42882)2/27/1999 10:08:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
However, we can't argue with the fact that the people who threw caution to the wind and bought and held last week did very well. (Much better than me).

Sarmad, that's because the they are trading, buy and sell, then buy and sell. Such as sold in Jan and buying now..



To: Sarmad Y. Hermiz who wrote (42882)2/27/1999 4:48:00 PM
From: Randy Ellingson  Read Replies (2) | Respond to of 164684
 
>> Bill, No, it just mean that you can sell a reasonable # of shares today from $120 to $130. Try sell one million shares today, sell, not trade. Amzn has over 160 million outstanding shares.
<<

That is the most intelligent comment on the market cap of amzn I have read.


I agree with William. To say the price doesn't reflect a true market cap in a takeover or merger situation is wrong. In fact, nobody knows for sure how AMZN would be valued in a merger. Who's to say that at 10% of WMT, WMT doesn't think putting their "online" worries to rest isn't worth $25B on Monday? Very doubtful it will happen, but the market cap is the best verifiable valuation anyone has to go on.

Randy

P.S. Try buying that same million shares. Buying, not trading.