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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.30-1.0%Jan 30 9:30 AM EST

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To: Bill Harmond who wrote (22782)10/23/1998 5:43:00 PM
From: Verkaylac  Read Replies (2) of 164685
 
my concern is that if she was really doing her job...maybe her estimates should be for 50 to 70 cents positive given all the hype and the level of the stock.

If it is only relative to "expectations"...that she helps set, then she can always drop her estimate below whatever the company tells her they are going to come in at... then low and behold its an upside surprise and the Co has hit a home run!!!!

Then again...IMHO, this practice is now SOP on Wall Street isn't it?

Low ball the current qtr, while you keep future qtrs jacked up.
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