Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Gary M. Reed who wrote (45409)	12/8/2000 9:45:00 AM
From: Les H	Read Replies (1) of 436258

CSFB takes temp jobs at AMZN --9:36 am - By Tomi Kilgore Amazon (AMZN: news, msgs) is rallying $2.50, or 12 percent, to $23.88. Analyst Jamie Kiggen at CS First Boston unveiled in a research note to clients that some at CSFB spent much of this week "as temporary laborers" at Amazon's Deleware distribution center, which appears to account for up to 25 percent of U.S. unit volume. Kiggen said that activity levels indicated it is "highly likely" that Amazon would meet or exceed the December quarter revenue estimate of $1 billion. Sanford Bernstein analyst Faye Landes also thinks the company will meet revenue estimates, but various extensions of its free-shipping promotion could put pressure on margins and per-share operating results.

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