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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/23/2001 1:59:32 PM
From: besttrader  Read Replies (1) of 37746
 
13:50 ET Amazon.com (AMZN) 15.45 -0.80 (-4.9%): Holding annual shareholder meeting today; Dow Jones said to be reporting that
company sees "hard work" ahead of it to reach goal of Q4 profitability; markets seem to be interpreting this comment as a negative, pushing
stock to lows of the day.

13:55 ET Lehman Brothers (LEH) 79.96 -2.29 (-2.8%): Salomon Smith Barney adjusting estimates on the financial services firm; reduces
Q2 number to $1.20 from $1.40 to reflect preferred dividend cost (no change in EPS due to operations); for the full yr, firm moving its
estimate to slightly below consensus.
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