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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: Bill Harmond who wrote (35607)	1/20/1999 6:06:00 PM
From: Gary Walker	Read Replies (3) of 164684

Now the "thing" turns to toast.... "In his research report, Blodget said the most prevalent investor concern about Amazon.com "is that it operates in a brutally competitive, low-margin commodity business, and we believe, therefore, that a proliferation of the 'at cost' strategy could scare the bejeesus out of investors and weaken the stock." Should change his title to "rectalist!" What did this guy do just wake up from a dream?!? "Henry Blodget isn't comfortable with the stock above $133 and is keeping a small position ahead of the earnings report." First Meeker, then Harmond, now Blodget. Who does that leave? Oh yes, Day Trader! How do you like the new e-com strategy, sell at cost? What business school brought us this strategy? UCLA? So how many lucky stars have you counted this month?

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