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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.92+1.7%2:59 PM EST

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To: Mark Fowler who wrote (76061)9/1/1999 12:12:00 AM
From: KeepItSimple  Read Replies (2) of 164684
 
Jesus. Now the pimps just come out and LIE directly! That is no increase! 2x1.09 is 2.18, which is LOWER than their current estimate of 2.19. 2x.47 is .94 which is just the same as their original.

These guys will use ANYTHING as an excuse to reissue a buy recommendation. Even an inability to do basic math! But hey, this is a mania. As long as the public believes our lies, we can take their money.. thats the name of the game!

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"We are updating our 1999 and 2000 earnings per share estimates to reflect a two for one stock split effective August 12. We increase our 1999 estimates from ($2.19) to ($1.09) and our 2000 estimates from ($0.94) to ($0.47). In addition, we are updating our twelve-month price target to $138 based on 25 times fiscal year 2000 revenues," said Juarez.
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