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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.17-1.4%3:59 PM EST
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To: Olu Emuleomo who wrote (102183)4/26/2000 11:27:00 AM
From: Bob Kim   of 164684
 
I hear you about shorting YHOO.

Olu,

In ML's "A Stock to Own for the Long Term" report on YHOO, they suggest that YHOO should be able to achieve a forward 100x multiple of 2004E EPS of $2.25, or $225 in 2003.

Just a few weeks ago, they were saying new high ($250 area) by this year's end and a few months ago they were suggesting $300 by this year's end. Of course, ML doesn't highlight these changes.
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