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

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

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To: KeepItSimple who wrote (72898)	8/10/1999 12:09:00 PM
From: Eric Wells	Read Replies (1) of 164684

Meeker still likes Ebay - below is an excerpt from an article in today's TheStreet.com: =============================== Mary Meeker. The influential analyst minced no words when summing up the meeting in a research note today. "Clearly, eBay continues to have technology problems," Meeker wrote. "However, the simple fact is that this company is going where no e-commerce company has gone before. And to be perfectly blunt, eBay has suffered from technology problems -- caused by high process complexity and high transaction volume -- that its competitors can only dream about." Meeker reiterated her outperform rating on the stock, saying the core business "remains strong, and the company is demonstrating an ability to maintain a significant lead over its most direct competitors." Morgan Stanley has done underwriting for eBay. =============================== -Eric

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