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Microcap & Penny Stocks : ProNetLink..(PNLK)

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To: Robert Ague who wrote (6241)	5/29/1998 12:09:00 AM
From: Robert Ague	Read Replies (1) of 8242

Repost from da' dark side of the moon (other PNLK thread) from 5/28/98 briefing.com <<Amazon.com (AMZN) 86 5/8: BA Robertson Stephens upgrades from "long-term attractive" to "buy" and raises its price target from $65 to $88 a share; believes there is upside to current EPS estimates and room to raise price target as the company demonstrates more revenue and customer growth and leverage on marketing expenses; lowers 1998 EPS from loss of $2.84 to loss of $3.05 and 1999 estimate from loss of $2.17 to loss of $2.35 a share, but ups year 2000 EPS from profit of $0.02 to $0.12 and 2001 from $1.30 to $1.75 a share.... >> So, AMAZON is operating at a loss for the next couple of years, but the price is going up, up, up...AMAZingON. Funny, his price target is already met, he lowers estimates, and reiterates buying more... Got PNLK? Smash

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