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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 3:59 PM EST

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To: OtherChap who wrote (20000)10/5/1998 8:52:00 AM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
I just wanted to comment on a comment I heard on CNBN while eating breakfast. It was stated that Morgan Stanley (we heard of them) downgraded HP due to the fact that fourth quarter earnings could be uncertain. Morgan Stanley stated that investors were unlikely to buy a company with uncertain earnings. Nothing was mentioned about the "thing." Apparently, investors will pay up big time for the "thing" and I suppose the reason is earnings are not uncertain. I must say I almost choked.

Glenn
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