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

AMZN 238.17

+0.6%

Jan 15 3:59 PM EST

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To: Skeeter Bug who wrote (17599)	9/20/1998 9:26:00 AM
From: H James Morris	Read Replies (2) of 164684

This is an except from an article in the Sunday, September 20th, Seattle Times Stock Talk. The headline was "Amazon's not on radar screen yet, but analyst already wary". The article included the following: "Amazon.com (AMZN, $88) is too new to rate by Value Line, but analyst Warren Thorpe had some thoughts anyway. Although the stock has plunged from a high of $147, 'even at its substantially lower recent price, we cannot recommend the equity based on its 3 to 5 year appreciation potential.' As a business, the Seattle-based seller of books and music over the Internet won praise from Thorpe, who wrote, 'long-term expansion opportunities are very good.' But he didn't like the price. (Report issued 9/4)" Glen, I wonder what these long term expansion opportunities are? I also wonder who would pay $80ps to wait and see?

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