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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%Nov 28 12:59 PM EST

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To: Alexander Pavlov who wrote (4804)5/28/1998 12:44:00 PM
From: Oeconomicus  Read Replies (2) of 164684
 
Alex, thanks for the RS BS. Gotta love it. It was only "attractive" because it was 30 points above his target. Now that it dropped a little, he raises his target by 22 points to just 1 point over the current price and calls it a buy. Or is he saying 88 post split?

I like his "earnings" estimates too. -$3.05 this year and -$2.35 next. Gee, I guess if that doesn't bankrupt them, they might figure out how to make a few pennies in 2000. I don't think analysts get measured on the accuracy of their 3 year forward estimates, do they? He knows things look bad, but he had to show some excuse for optimism, so why not bump 2000 and 2001?

Looks like an upgrade to me! LOL

Bob
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