THE |
16-Jun-98 |
point change |
% change |
ISDEX |
133.36 |
3.75 |
2.89% |
ISDEX Price Wtd. |
1,431.63 |
50.50 |
3.66% |
NASDAQ |
1,753.12 |
37.37 |
2.18% |
DJIA |
8,665.29 |
37.36 |
0.43% |
here and see it!
However, hold your hats, at these valuation levels we think AMZN is ahead of itself, more euphoria or lack of competitors to invest in, than anything. Amazon’s rivals in music, CDnow (NASDAQ:CDNW) and N2K (NASDAQ:NTKI) should examine their business models and margins, especially as Amazon puts pressure on the tune front, with more than $300 million cash to back it up via its recent bond offer.
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