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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (16527)4/1/2003 10:45:48 AM
From: Bill Harmond  Read Replies (2) of 57684
 
8:18 AM In Play Amazon.com cut to Neutral at CSFB on valuation; target $25 (AMZN) 26.03: CSFB downgrades to Neutral from Outperform based on valuation; firm also notes that the summer is typically a weaker period for Internet co's, and over the past 3 years, AMZN shares have declined 26% on avg from May 1 to Aug 31 and underperforming the S&P and Nasdaq over the same period. Price target is $25.
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