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

AMZN 232.44

+1.4%

12:06 PM EST

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To: Glenn D. Rudolph who wrote (126944)	6/21/2001 7:16:24 PM
From: H James Morris	Read Replies (3) of 164684

>I am going to sell something to buy Ebay Glenn, have you ever heard of Faye Landes of Sanford C Bernstein? Well, if you haven't she most voted to the 2001 Fortune all-star analyst list for her calls on E-commerce. Landes,41 hasn't softened one bit on e-commerce. Forget about Priceline altogether, she says. And Landes still considers Amazon.com overpriced. "Sell it" she proclaims. The one bright spot is eBay, perhaps the only truly defendable e-commerce brand. But ask her whether it's worth its $18 billion market cap and she chuckles, "It's trading at more than 30 times our 2005 estimates- that makes it one of the most expensive stocks there is. Period".

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