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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.37-0.9%3:59 PM EST

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To: Glenn D. Rudolph who wrote (18865)9/28/1998 8:41:00 PM
From: M. Frank Greiffenstein  Read Replies (1) of 164684
 
Most analysts rate it a hold...

It is not true that most analysts are "enthusiastic". Most rate it a hold. With the well known "grade inflation" among analysts, that's the same as a sell. Earnings estiamtes have trended down in last 90 days. I know, shouldn't use a pure quant approach. But there is nothing unique about AMZN, except that it was first in Internet book sales.

DocStone
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