Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 233.23

+1.8%

12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Randy Ellingson who wrote (105575)	6/28/2000 12:02:00 PM
From: H James Morris	Read Replies (2) of 164684

Randy, how does this make you feel? Btw Wall Street won't let the "First Internet Darling " go down without a fight. So I joined you in the fight.:-)) > CHICAGO, June 28 (Reuters) - Investment bank/broker ABN AMRO said Wednesday it started covering Amazon.com Inc. <AMZN.O> with a buy rating and a 12-month price target of $50 based on a belief that the giant Internet retailer is ready to improve costs and turn profitable sooner than expected. -- In a research note, ABN AMRO said it estimates Internet retailing will grow to be a $400 billion channel in 2010 and industry analyst Kevin Silverman believes Amazon can retain more than a 12 percent share of that market. -- Amazon's participation in this market will be driven by its customer service, brand awareness, low costs and "commitment to sell everything consumers could want," he said in the note. Shares of Amazon.com closed at 36-8/16 on Tuesday. 09:34 06-28-00

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next