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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 228.29+1.0%11:13 AM EST

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To: Mike M who wrote (30255)12/18/1998 1:56:00 AM
From: Dwight E. Karlsen  Read Replies (2) of 164684
 
I wonder if that Blodget fellow used to work at Emerald Research, former hypster of Zitel (ZITL). They published a "research paper" on the internet in which they pontificated that Zitel earn $20/shr within a few years. Oh yes, they too used "fundamental" numbers to come up with their crazy earnings/price targets.

The problem was, all the underlying numbers were made-up out of thin air, the same way the Blodget guy was doing it.
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