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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 243.08-2.9%Nov 6 3:59 PM EST

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To: H James Morris who wrote (93829)2/17/2000 10:15:00 AM
From: Glenn D. Rudolph  Read Replies (4) of 164684
 
Did you know that Amzn fired off more press releases in 1999 than any other listed company
on the Nasd?


I did not know that but it is easy to believe. Amazon thrives on hype.

Don't kid yourself. The elephants still love it.

I am not sure of that. I do not have insitutional holdings presently but the elephants upgraded it but increased loss estimates in spite of G d Bezos telling of coming profitability.

And don't forget the European's bought all of that junk in one big swoop.

If analyst's loss estimate are close to accurate, Amazon will need to raise more money next year at this time. I know everyone will tell me I am incorrect on this but Amazon's needs to go to the equity markets I have called perfectly.
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