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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.97-1.0%1:38 PM EST

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To: Glenn D. Rudolph who wrote (76545)9/5/1999 3:00:00 AM
From: H James Morris  Read Replies (1) of 164684
 
Glenn, Merrill and DLJ obviously have differing views. Are these recent ML comments from Henry Blodgett?
This what DLJ had to say about those Junk bonds on 8-4. Jamie K also has a strong buy on Eeln and Pcln.
>>AMAZON.COM (AMZN) 08/04/1999
Attractive Convertible Valuation



By almost any measure, the AMZN converts represent excellent value, offering excellent equity upside participation, the downside protection of a bond, and an attractive current yield. Investors who have looked for an attractive entry point in the Internet sector or who have looked to take advantage of the recent sector sell-off should buy Amazon converts. <<
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