Direct-from-China (aka. Amazon) has all of the revenue growth with zero profit...
Dana Lyons Nov. 27, 2015
Because: "It's 1998 all over again"
If Facebook, Amazon, Netflix and Google follow Cisco, Intel, Microsoft, and Qualcomm circa 1998, then a 400% gain is possible from here...
In other words, the least profitable companies will go straight vertical while anything linked to the economy implodes...
In other words, the least profitable companies will go straight vertical while anything linked to the economy implodes...
Microsoft peak P/E ratio Y2K: 73
Amazon current P/E ratio: 950
Facebook current P/E: 105
Netflix current P/E: 335
Historical average Microsoft P/E: 15
1998 Deja Vu: Amazon peaked in 1998
Amazon is up 145% year-to-date, so what's another 400% for a company that still makes no profit after 20 years?
FULL ASININE
Amazon and Walmart