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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?


To: The Duke of URLĀ© who wrote (1363)4/24/1999 12:09:00 PM
From: ScrapCollector  Respond to of 3543
 
There is an article I saw on Yahoo about the over-valuation of Internet stocks:

dailynews.yahoo.com

This analyst likes AMZN for some reason, even though they have not reported a positive earnings for a long time. A quick look at after-tax income, sales, and cash per share does indicate that so far, AMZN has a better ratio than AOL, EBAY, or YHOO, but he really shouldn't be using EBAY's P/E ratio for comparison when AMZN would be negative.

How about this article?

mercurycenter.com

So AMZN has friends in high places? Interesting. Even though AMZN seem to be quite strong based on cash and income, their prices are reflective of potential as much as other Internet stocks. Their fall in price may burn the big boys which will be even sweeter :-)