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

AMZN 226.51

-1.6%

12:00 PM EST

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To: RikRichter who wrote (74384)	8/18/1999 9:09:00 AM
From: H James Morris	Read Replies (1) of 164684

>> New York, Aug. 18 (Bloomberg) -- Merrill Lynch & Co. analyst Henry Blodget raised his rating on Amazon.com Inc. and Yahoo! Inc. to ''short-term buy.'' He also recommended investors buy six other Internet stocks. In a note to clients, Blodget urged investors buy America Online Inc., EToys Inc., Excite At Home Corp., Lycos Inc., Inktomi Inc., and Barnesandnoble.com Inc. Blodget expects sentiment to turn positive for Internet stocks and said investors could expect to hold the shares through the end of the year. He scheduled a conference call with his clients later this morning. He raised his ratings on Amazon and Yahoo from ''near-term accumulate.'' Aug/18/1999 8:51 <<

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