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


To: H James Morris who wrote (46935)3/23/1999 1:38:00 PM
From: Curlton Latts  Read Replies (2) | Respond to of 164684
 
Just closed my fictitious trade in AMZN, including initial buy and subsequent double up! Made good fictitious money on original trade.

If one of these suckers ever turns over.....where's bottom? $2 billion market cap? That would still be 50% better than WalMart's relative valuation to Sales and WalMart is a stalwart full line customer spectrum grower. At 2X WalMart's valuation we're talking a 90% hair cut to the current stock price.

Oh yeah, almost forgot #1. Walmart has a profit margin on revenues with a dyed-in-the-wool retailing management team and Amazon does not have any profit margin --- and --- #2. I was being generous by estimating Amazon's sales at $1 billion because trailing 12 months they only did $600 million.

On the other hand a big mo mover like this could still make you rich to the upside --- right?

Lots of yuks!!

Good Luck To Each And All

Curly

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