Amazon.com, Inc. (AMZN) Message Board

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

AMZN 210.32

-5.6%

Feb 6 9:30 AM EST

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To: Glenn D. Rudolph who wrote (115408)	1/16/2001 3:46:47 PM
From: Bob Kim	Read Replies (2) of 164685

did he really not know ICGE, VERT, AMZN, PCLN, etc. were value rather high in Feb and March of 2000 or did he not wish to say that? Glenn, One of difficult questions they might have to face is why were they recommending stocks with price targets that implied negative returns: on 1/3/00, ICGE at $170, price target=$62.50. It's not as if they weren't allowed to raise price targets: between 12/31/99 and 4/20/00, Blodget raised the price target on INSP from $180 to $700 on a pre-split basis. Now they won't even acknowledge the existence of many price targets.

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