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Amazon.com, Inc. Message Board

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  • slegermark slegermark Dec 6, 2012 8:55 AM Flag

    why AMZN can have so high PE?

    "THAT DAY WILL BE DECIDED BY WAL STREET MONEY MAKERS."
    And with this issue they have shown that they can keep it up indefinitely.
    So , sell on the peaks and cover lower.
    Their business model ignores profit and only focuses on revenue. So far Mr. Market finds this approach acceptable. But acceptability is only extended to a few special golden children while all the rest have to follow the rules of profitability. The cloud computing bubble will burst, just like all other bubbles have burst.

 
AMZN
829.05+0.33(+0.04%)Sep 29 4:00 PMEDT