Amazon.com, Inc. (AMZN) Message Board

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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: Tradegod who wrote (72450)	8/6/1999 6:37:00 PM
From: Glenn D. Rudolph	Read Replies (3) of 164684

Goldman upgraded YHOO, UP we go, Wait, Bad employment numbers; down we go. Wait, that's already factored in, this is time to buy! Shares changed from I see Blodget is doing a slow change of opinion on AMZN too. What ever happened to the economy of scale? The must have in ones account stock? The ecommerce to be the future. The great profits to be coming? Now we have it was momentum players that were driving Amazon. Amazon needs to grow into its valuation. The metrics are bad. By the way, I bought AMZN due to anticipation of a split (which should mean nothing) and the fall selling season. Glenn PS Blodget was the screwball that gave the $450 price target pre-split when I was short.

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