Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: H James Morris who wrote (76493)	9/4/1999 11:12:00 PM
From: Glenn D. Rudolph	Read Replies (3) of 164684

From the Merrill research notes: Company Description AMZN is the world's leading online book & music retailer since its 5/97 IPO. Factors influencing its unprecedented level of commercial success: highest- quality management; consumer interest in bookselling segment; competitive advantage; willingness to invest capital to build its business. While we are generally optimistic about AMZN's long-term prospects, we view the stock as overvalued and recommend significant investor caution. Merrill Lynch Investment Opinion Investment Risk Rating D HIGH Intermediate-Term Appreciation 1 BUY Long-Term Appreciation 1 BUY Income Rating 9 NO DIV/DIST Last Opinion Change Date 18-Aug-99 Latest Research Comment Date 3-Sep-99 Market Data Prior Day's Closing Data (Figures in U.S. $) Primary Exchange OTC Option Exchange Phila Price 62.437 52 Week Price Range 12/111 30 Day Average Volume 20839 M Shares Outstanding 165000.0 M Market Value 10302.18 MM

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