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  • willie39_98 willie39_98 Apr 14, 1998 4:15 PM Flag

    $20 but when

    You're on target @ $20, but WHEN is the question. Sometime in the future, at a 20 PE $100 Amazon will need to net $5/share or $125 million/year. Is this possible within an industry that has no barriers of entry and commodity pricing? Is this possible for a company with few competitive advantages except brand preference based only on being first in the market? If you know WHEN let me know, so I can make a few dollars also.

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