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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.25-2.0%Nov 12 3:59 PM EST

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To: umbro who wrote (10690)7/17/1998 1:16:00 PM
From: Tenpole   of 164684
 
Briefing.com targets $230 for Yahoo! in the next couple of months:
If the target being applied to YHOO were used on AMZN, then
AMZN would have an equiv. target of 145


That is interesting as it is right at the recent top. As has been discussed long and hard on this thread, YHOO is a very different beast to AMZN but at the moment there is little discrimination. Try this for a summary of the next few weeks:

thestreet.com

When stocks flew up, the wise ones told us it couldn't last. Now that the sage are saying that..... "the Internet stock sector still feels hot" and "Events with the power to rock the Net stocks in the weeks to come include earnings from key players, upcoming "hot" Internet IPOs and news of ad commitments from big business, which could help to validate the space"......I can't help but feel that the good times are coming to an end. Or maybe I am just having my daily contrarian moment....

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