John Rogers Home and Business Searched by the FBI

[Peter_Spaeth]

Originally Posted by slidekellyslide

I found a site by accident yesterday that evaluated the worth of websites and Net54 was valued at $22,000...ebay was worth 132 million and Amazon was worth $330 million. I tried to locate the same site for this evaluation, but couldn't find it again.

That sounds about right for AMZN lol. Seriously, I know fundamentals mean nothing any more, but a 611 P/E ratio?

[Baseball Rarities]

Originally Posted by Peter_Spaeth

That sounds about right for AMZN lol. Seriously, I know fundamentals mean nothing any more, but a 611 P/E ratio?

At least it has a P/E ratio.

[Peter_Spaeth]

Originally Posted by Baseball Rarities

At least it has a P/E ratio.

Yeah but a 0.37 percent profit margin? $274 million in profits for a $165 BILLION market cap company? Why the love?

[Michael B]

Originally Posted by Peter_Spaeth

Yeah but a 0.37 percent profit margin? $274 million in profits for a $165 BILLION market cap company? Why the love?

There may be the underlying value that cannot always be converted into a true dollar value. They are one of the few places people can purchase real new books and cd's. Watch out if they try to lock up the educational book sellers and wholesale to colleges. The potential carries a lot of appeal to investors who play for the long run.

[Peter_Spaeth]

Michael I guess so, but it's not like we're talking about a start up with upside potential, aren't they 15 years in? That pathetic margin on top of a long track record of losses makes me a bit skeptical.