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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: Glenn D. Rudolph who wrote (69633)	7/26/1999 10:54:00 AM
From: Bill Harmond	Read Replies (3) of 164684

Update from Amazon's Analyst Day. FY99E ($1.87)/FY00E ($1.40) Alan Braverman, Banc of America Securities, July 26, 1999 · AMZN's analyst day further confirmed our long held positive opinions about the company's management depth and the company's focus on maximizing the customer experience and attaining e-tailing dominance. · The company excelled in its measures of success including sequential increase in revenues, sequential increases in customer count and steady or increasing percentages from repeat customers. · We believe the fourth quarter will be very strong and reiterate our buy rating and our 12-month price target of $210.

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