tcsnetwork

Finally, a Reasonable Valuation for Google

I agree, AMZN PPS doesn't make any sense. niether does the recent jump in price, considering consumer spending is down and the housing correction isn't anywhere near the end.

Growth at Amazon Is Accelerating - Citi

I like the company, but the stock way overvalued for this market. The insider selling is a concern as well. I just believe that they haven't been honest regarding this quarter profits i.e. the CFO's double talk recently. Anyways, I sold in the high 80's not getting back in anytime soon. I think it will see 50 long before it hits 90 again.

Growth at Amazon Is Accelerating - Citi

I don't agree with the reasoning that people with buy more from amazon because of higher fuel cost. If anything higher fuel cost will hurt amazon because of thier free shipping options. I think they will have higher shipping costs that will cut into thier margins, which are already razor thin. Also the PE of this stock is WAY to high considering market conditions. I suspect they will be an earning warning any day now. IMHO

Earnings Preview: Amazon.com

Be ready for a huge sell-off if they have any bad news. Just look at what happened to VMware.