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Technology Stocks : eToys Inc. (ETYS)

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To: Bob Kim who wrote (635)8/18/1999 9:21:00 PM
From: $Mogul  Read Replies (1) of 1330
 
from Briefing.com)

E-Tailers : The holiday season drum beating has
started a little earlier than usual this year. This
morning, Merrill Lynch
Internet analyst Henry Blodget gave e-tailing stocks a
shot in the arm with upgrade of Amazon.com (AMZN)
from near-term
"accumulate" to "buy," in anticipation of blow-out
holiday sales in the e-tailing group. Blodget is
predicting that online sales will
double or triple from the year-ago period. Also
included in analyst's basket of holiday favorites was
eToys (ETYS)... While
concerned that Internet group will experience at least
one more correction before holiday season break-out,
also believe that
is never too early to begin preparing a shopping list.
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