Wednesday, July 25, 2007

Is Amazon.com worth $100 a share? - MarketWatch

Déjà vu -- see the article for a ~10-year stock price history chart...

As shares of Amazon.com Inc. surged to a seven-year high Wednesday, a few analysts on Wall Street bet that the stock will eventually eclipse the $100 mark last seen in the dot-com days of the late 1990s.

At that level, the already pricey shares will eclipse other large Internet players -- and sit at a fat premium to other large retail companies in terms of valuation.

Is Amazon.com worth $100 a share? - MarketWatch

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.