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


To: KeepItSimple who wrote (58465)5/25/1999 5:31:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 164684
 
When this goes down, it will be like going down a cliff. Wonder when AMZN will turn into AMZNE? Within one year, maybe? Or sooner than that?



To: KeepItSimple who wrote (58465)5/25/1999 5:46:00 PM
From: Don Westermeyer  Read Replies (2) | Respond to of 164684
 
All AMZN would have to do to get a tangible book value is to sell some stock. If they sold enough stock they could get the book value up to a couple of bucks/share!

Issuing convertible stock is a lot sneakier way of getting cash though.

IMO AMZN is over-priced at anything above $20. Even at $20 AMZN has quite generous valuation ratios.