Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.10

-1.4%

3:59 PM EST

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To: fedhead who wrote (138780)	2/7/2002 12:10:51 PM
From: H James Morris	Read Replies (2) of 164684

10:29 ET Overture Svcs upped at Merrill Lynch (OVER) 21.75 +3.83: -- Update -- Stock has been on a rollercoaster in the last two days, dropping 41% yesterday and rising 21% this morning after the co announced that a key distribution pact with YHOO will be extended through 2Q02 (see 7:12 comment); after yesterday's drop, Merrill Lynch upgraded the shares this morning to Near-Term STRONG BUY from Buy and significantly raised ests; firm believes shares are trading at a "bargain basement" price due to the co's leading mkt position, strong growth outlook, and visible recurring revs.

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