Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.20

-0.1%

10:56 AM EST

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To: Glenn D. Rudolph who wrote (107150)	8/16/2000 2:58:14 PM
From: Bob Kim	Read Replies (2) of 164684

Glenn, Here's HB's latest on AMZN: "We rate the stock Accumulate rather than Buy because we still do not have enough visibility into a steady-state long-term revenue growth rate for the company." also from HB: "We don’t expect the "holiday rally," if any, to be as broad or pronounced as last year (when many of the stocks were up 100% from their summer lows by December and were setting new highs), but we believe investors could see upside of 25%-50% or more in the three leading stocks." The three leading stocks are AMZN, AOL, and YHOO. With 25-50% upside in a few months, AMZN should be Buy-rated again. The ML threshold is only 20% over 12 months.

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