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Old 07-27-2011, 06:19 AM
Griffoun Griffoun is offline
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Quote:
Originally Posted by beewang View Post
It would appear the PEG of AMZN makes NFLX looks like a bargain..
Can't agrue with that...

Quote:
Originally Posted by beewang View Post
Much like Google, AAPL and NFLX, Amazon.com has changed the landscape of consumer purchase. Game changers and market leaders deserve a premium over others.
I would not read too much into reduced margins. Different line of business has a different types of margin. If you insist on evaluating growth story and game changers with traditional PE(G) and don't like then... that is okay.
The revenue can go through the roof, but at 2% margin you're still talking about some tiny EPS number, making the PE overvalued no matter how you look at it. Just wait till the economy catch another small cold and this company turns into loss within a blink of an eye.

Priceline however is much more reasonable valuation-wise if you want me to pick "Game changers and market leaders deserve a premium over others".

Quote:
Originally Posted by beewang View Post
but no need to put your money where your mouth is. Its just not worth it...
Argue with it, debate about it.. but no need to put your money where your mouth is. Its just not worth it...
But you're long on them, right?
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