Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: Sarmad Y. Hermiz who wrote (41867)	2/23/1999 12:21:00 PM
From: Rob S.	Read Replies (2) of 164684

I don't know. Meeker and Blodgett are more influential than most analysts who follow the net stocks. Blodgett left Opco for Merrill thestreet.com He is probably worth a billion to them in brokerage fees and commissions over the next few years. Some will overlook current valuations and advise the public to buy Amazon regardless of the risk. They may be advising their own clients differently or prior to public announcements. The Analysts have probably been told more about what Amazon plans to do with all the money they have accumulated. They know that a flurry of announcements of acquisitions, agreements and expansion of products and facilities will occur. Any analysis of what payback might be expected on the escalating cost of expansion will be masked until latter. Still, I don't think that announcements between now and mid summer will be enough to change the trend in money flow, seasonal growth factors and lack of enthusiasm and profit taking. IMO, we will see another few days of upside bias but Amazon will trade in the range between 105 and 125. Unless something really exciting happens, the stock will trade down after that.

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