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Technology Stocks : Booking Holdings (formerly Priceline) -- Ignore unavailable to you. Want to Upgrade?

To: Saul H Rosenthal who wrote (1263)	5/10/1999 7:06:00 PM
From: Rajiv	Read Replies (1) \| Respond to of 2743

AMZN has split twice (a 2 for 1 followed by a 3 for 1). The IPO price is around $2/share (split adjusted) The major difference between AMZN and PCLN.. In the beginning AMZN had a market cap of less than 400 MM. However, PCLN has started with a market cap of 20 billion. A double, 5x, 10x, 25x returns are much easier on a smaller base. As of today, PCLN and AMZN's market caps are very similar. This probably means that the days of fantastic returns are over for AMZN too. I think investors who are expecting returns of several hundred % will be disappointed. Regards. Rajiv