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There is difference between company failing and company price collapsing. Amazon may do fine, it's just that Amazon's price will be radically adjusted. When In
by Nokinside 9y ago
There is difference between company failing and company price collapsing. Amazon may do fine, it's just that Amazon's price will be radically adjusted.
When Internet bubble busted in last time. The Four Horseman of Tech (Microsoft, Dell, Cisco and Intel) lost 75% of their market value.
Intel was valued $73.94 in 2000, now it's 36.3. The value of the stock never recovered even if the company is still going strong.
Microsoft's value has been below it's bubble valuation 16 years and it broke it's previous record last year.
It took Amazon stock price 10 years to recover from 2000 bubble.