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Apple Inc. Message Board

  • hoxstox hoxstox Jan 30, 2013 6:43 PM Flag


    His argument for Amazon's ridiculous share price is the same one we heard in the year 2000 when the Nasdaq crashed. Everybody said "earnings don't matter." Well guess what...a stock that earns a crummy 21 cents and has a share price approaching $300 a share is that same story all over again. Even at Cramer's statement that Amazon is priced at 68 times earnings (I'd like to know where he gets that number) the stock should be priced at a little more than 14 bucks! What a crock!

    Sentiment: Strong Buy

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