Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD) -- Ignore unavailable to you. Want to Upgrade?

To: Diamond Jim who wrote (923)	4/14/1999 10:08:00 PM
From: wmwmw	Read Replies (1) \| Respond to of 1848

Not comparable. They are not in the same industry.

To: Diamond Jim who wrote (923)	4/15/1999 9:10:00 AM
From: CMon	Read Replies (1) \| Respond to of 1848

<<So how do you feel about AOL's P/E? or EBAY's, or AMZN's? >> While the question wasn't addressed to me, I'd like to answer. 1) They're absurd as well. 2) At least with those companies, investors are purchasing the pipe dream of a future that they believe will come to pass. AMTD and the other online brokers aren't the same thing at all. These are businesses operating in a brutally competitive business during what surely must be the best of all possible times. To pay for the degree of growth that a real buyer, as opposed to a daytrader, is purchasing at this level assumes that not only will an active community of daytraders continue to grow and prosper, but that AMTD will grow its share of that pie. At least with AMZN a bull can speculate as to what the future might one day be. AMTD is already there, and trading at an absurd multiple.