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.

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

To: Cap_Loss_Cfwd who wrote (59675)	6/1/1999 5:44:00 PM
From: Wizard	Read Replies (1) \| Respond to of 164684

>> trust me on that!! no can do when you say things like 'the huge expectations of the analysts.' Consensus expectations are far too low. >>pro forma adjustments in the financial statements basic merger accounting. if they were being valued on net income I might offer how investors don't value assets on non-cash items. However, the company isn't being valued on net income so its pointless to argue if expense accounting is aggressive or not. Besides, if its not cash related, 'pro-forma' really doesn't mean anything (except it makes the accountants feel like they are doing something). >>the immense market cap can't argue with that. it is big and currently being adjusted (read, 'creamed'). however, discussing market cap is really another subject. the points in the Barrons article were primarily attacking the business. here I disagree with their points (I don't currently own the stock). The stock goes up and down wildly on investor psychology about how to discount the value that is being created. Down 50% and now closing under the 12/31/98 price seems like we are getting close to enough discounting. However, my next internet purchase is likely to be Yahoo! given that the story is just easier for most to understand; makes money, high ROE etc... and I like the positive psychology of another $.02-$.03 upside to EPS quarter.