Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.23

+1.8%

Nov 28 12:59 PM EST

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To: HG who wrote (89667)	1/4/2000 3:14:00 PM
From: Eric Wells	Read Replies (1) of 164684

I don't think anyone knows that price limit. hg - I'm looking for the brave analyst who is willing to take a stand and stick with a price target. One would think that when an analyst adjusts a price target that such adjustment is based on the discovery of some new data - perhaps the realization of some new revenue stream for the company. But more and more, these price target increases are based on technical analysis - which is tantamount to saying "It's been going up, so it will continue to go up." -Eric

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