Barrons: AMZN Tablet Has Resources To Compete With iPad, Says Wedge
that's about the 20 the similar comment on this tablet where none points out the valuation differential b/t the companies. AMZN trades like it brought to the market the IPAD, and AAPL trades like it's yet to come to the market with theirs. One of the reasons it all these fast money momo-quant funds own the same thing AMZN as shown today that Jim Simons and Louis Navellier have been playing in the AMZN stock sandbox. Along with Ken Fisher, who's a blowhard. Everyday, you see a big hedge fund manager on Seeking Alpha with big holdings in AMZN. Crowded. And I'm still looking to find outside year 2000, when a $100 billion + market cap company traded with a triple digit multiple , of course adjusting for history and back present value. Meaning that there wee alot of large caps in the Nifty Fifty in the early 1970's with $100 billion market cap equivalents for that day, but didn't come close to AMZN's valuation.