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

To: Tom D who wrote (45030)3/10/1999 7:56:00 PM
From: H James Morris  Respond to of 164684
 
TomD, I think your talking about the John Malone investment. Is that correct??



To: Tom D who wrote (45030)3/11/1999 11:27:00 PM
From: Manish Aurora  Read Replies (1) | Respond to of 164684
 
I take it almost equalled implies "less than or equal to" which is precisely what I am stating. A year ago, Amazon was up 33% or so quarter to quarter. This year, they will be flat, based on that Media Metrix observation. As a result, their growth rate comes down substantially. Which, given the multiples attached, kills the valuation of the stock.


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