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calzone

01/25/03 1:09 AM

#68409 RE: mainehiker #68258

mainehiker,
Here is a clip from Reuters after earnings today:

>> That would give Amazon a price-to earnings ratio of about 130 based on Friday's share price. That was well above Internet peers eBay Inc. (EBAY) and Yahoo Inc. (YHOO) , whose respective forward PE ratios stood at 57 and 64.
"At this point Amazon is more susceptible to macro factors than their own specific ones."
<<

If eBay and Yahoo are down, then AMZn should fall twice the rate, IMHO.

I have doubt about AMZN's forward outlook. WDIK!
Calzone.