Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jan Crawley who wrote (74530)	8/18/1999 8:17:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 164684

Hello? it's a smart call by Blodget. As far as Amzn is concerned, he sees: 1. 64M shares in the float 2. of which Janus owns more than 16M; (the total instituion ownership is about 70% of the 64M) 3. Short interest is over 15M. 4. He targeted $150 this time,(from $110-yesterday's closing) and giving a good/popular X'mas reason. It's only a $40 call(unlike the $400 price target in 11/98). Jan, Your comments are accurate and make perfect sense. The compolaint i have with Blodget is he is a momentum analysts whatever that may be. Merrill's basic philosophy is conservative (at least it use to be) with the buy and hold strategy. Blodget does not fit their style. Glenn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next