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Technology Stocks : Dell Technologies Inc.

DELL 138.22

-0.5%

3:49 PM EST

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To: Chuzzlewit who wrote (152953)	2/3/2000 9:44:00 PM
From: Sr K	Read Replies (1) of 176387

OT AMZN Amazon thinks excess inventory and a $39 m writedown are a one-time event. Maybe an afterthought. But they had "$221 million in inventory, up more than sevenfold from a year ago. That was after writing off $39 million in excess inventory for the quarter." nytimes.com "We knew that the fourth quarter would be a defining moment for e-commerce and that Amazon had to compete at the same level as other less mature, more desperate players," said Anthony Noto of Goldman Sachs. "The price to pay was the inventory, but at the end of the holiday season they came away with customers who are still satisfied." and how's this for an upbeat excerpt: siliconinvestor.com "Merrill Lynch Internet analyst Henry Blodget raised his 2000 revenues estimate to $2.75 billion from $2.6 billion and 2001 estimate to $4.6 billion from $4.4 billion. His 2000 earnings estimate was lowered to a loss of $1.15 per share from a loss of $1.00 per share."

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