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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: H James Morris who wrote (105353)	6/24/2000 12:11:00 PM
From: Bob Kim	Read Replies (1) of 164684

HJ, It appears that nobody agrees when one analyst criticizes or praises another analyst. From CNET: At least one analyst disputed Suria's conclusions and defended Amazon. "With respect to a weak balance sheet, poor working capital management, and negative operating cash flow, (Suria) got this numbers dead wrong," J.P. Morgan analyst Tom Wyman said in an interview. Suria "should go down the hall and talk to the e-tailing analyst and see how an Internet e-tailing model works," he said. From thestandard: Merrill (MER) Lynch analyst Henry Blodget, who also warned that sales growth would weaken, praised the Lehman report as very thorough. But Blodget noted that the report looked at Amazon's operations for the last eight quarters and a snapshot of its financial health in the most recent quarter. From that, the report concluded that Amazon needed to improve its operations, Blodget said. "We agree with that, but we believe they are improving," he says

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