CNBC -- critique. Message Board

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Pastimes : CNBC -- critique.

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To: Lizzie Tudor who wrote (9441)	12/11/2002 4:28:46 PM
From: Lizzie Tudor	of 17683

Holly Becker's much publicized bearish call of valuing Amazon in line with other retailers only turned out to be a terrible prediction. In this awful bear market year amazon is a 2.5 bagger- how many big cap stocks can match that- assuming you bought amzn in January when Becker's "overvalued based on other retailers" call was made... at about 9-10$/share. Much of the reason for the rise in amzn stock is exactly contrary to Ms. Becker's theory... that Amazon is "only" a retailer... in fact Amazon is now much more of a retail portal, with increases in commission revenue growing the fastest, and new stores like restaurants and cars which compete with yahoo and ebay vs. retail. As I said in this original post, I was asking for BALANCE against Ms. Becker's extremism, not to exclude her totally but as I recall cnbc was heralding her as some kind of internet stock star analyst (because she had correctly predicted a decline in yahoo from 1991). Broken clock, imo. Lizzie

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