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

To: JC Reddy who wrote (59253)5/30/1999 6:05:00 PM
From: Sarmad Y. Hermiz  Read Replies (3) | Respond to of 164684
 
>> Amazon is finally going to be trading at price/sales ratio of less than 4. I have no doubt in
my mind about that. With current sales, the stock price should be less than $20.
<<

We all thought so last Feb when it went under 100 the 90 then 85. But as you know it turned around and doubled from there. So I am not convinced Amazon will collapse just because a story retold stuff that was known for a month.



To: JC Reddy who wrote (59253)5/30/1999 6:50:00 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 164684
 
There is no strategy that will make AMZN unique. Nothing. Zilch.

On what do you base this statement?


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