Ace King, check it out!

Amazon (AMZN) about to hit its .com price

with 2 comments

If Amazon (AMZN) keeps going at its current rate its going to cross a significant milestone, namely topping out its 1999 .com boom price of 100 $USD and change.  This is from a low of 5.97 $USD in 2001. Is this just down to its fantastic success with S3 and EC2? Or are there other fundamentals at work?

Whats even more amazing is that Jeff Bezos has held onto the reins through this rollercoaster ride.

Written by Joe

October 24, 2007 at 8:48 am

Posted in Uncategorized

2 Responses

Subscribe to comments with RSS.

  1. I was seriously thinking of buying AMZN when it was at $13 in early 2002 – am I sorry now!



    October 24, 2007 at 9:55 am

  2. Up 10% before close of market yesterday, down 10% after hours when investors realized the margins aren’t sustainable. There was tons of money to be made…



    October 24, 2007 at 2:43 pm

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: