Internet Picture of the Month


amazon chart

 

1998 stock price chart for Amazon.Com (AMZN)

 

1998 was the year of the Internet stock, and few did better than the online book retailing pioneer Amazon.Com (http://www.amazon.com). It experienced a yearly low of 24, a high of 361, and closed at 321. That resulted in a market capitalization of about 16.9 billion dollars. For each quarter 1/1/97 – 9/30/98, Amazon has failed to make a profit.

The chart above was from The Wall Street Journal’s Interactive Edition at http://interactive.wsj.com/. You will, however, need to be a subscriber to view the same chart online. But there are many other places on the WWW providing the same information for free, e.g., Bloomberg at http://www.bloomberg.com/.