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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Glenn D. Rudolph who wrote (4803)	5/28/1998 11:51:00 AM
From: Alexander Pavlov	Read Replies (2) of 164684

<< Does anyone have the text of the Robertson Stephenson upgrade? I am referring to the reasons not the press quote. I suppose the full analyst report is what I am looking for.>> Here it goes. Sounds to me like "it's always darkest before the dawn". Alex ======== Amazon.com (AMZN) 86 5/8: BA Robertson Stephens upgrades from "long-term attractive" to "buy" and raises its price target from $65 to $88 a share; believes there is upside to current EPS estimates and room to raise price target as the company demonstrates more revenue and customer growth and leverage on marketing expenses; lowers 1998 EPS from loss of $2.84 to loss of $3.05 and 1999 estimate from loss of $2.17 to loss of $2.35 a share, but ups year 2000 EPS from profit of $0.02 to $0.12 and 2001 from $1.30 to $1.75 a share....

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