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

AMZN 217.15

-2.5%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (101845)	4/21/2000 1:20:00 AM
From: Chung Lee	Read Replies (1) of 164684

Glenn, thanks for posting that link, very interesting, it confirmed my suspicion of the self serving nature of the analysts/securities industry. Do they actually think the management meeting should be closed door and the result massaged and spinned before delivery to the general public? The analysts create chaos in the market as it is, Intel earning conference comes to mind, the friendly analysts reiterate buy and advised investors to stay the course and wait for better second half, another analyst gave just the opposite opinion, the Needham analyst downgrade INTC from "HOLD" to "AVOID", and it appears that the public listened to the conference call and made up their own mind, judging from the sell off of INTC in the last two days.

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