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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.52+0.1%Dec 26 9:30 AM EST

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To: Bill Harmond who wrote (45013)3/10/1999 5:44:00 PM
From: Lizzie Tudor  Read Replies (3) of 164684
 
William or Glenn, about these price targets, in general are analysts conservative deliberately with the assumption that the target will be raised if business continues at the current pace? Because Blodgetts estimates are conservative imo, Amzn 150, big deal and aol 110 - I expect those numbers after the next earning rpt. The yahoo target is agressive.

I have another stock, gnet that the same thing is happening to - analysts begin coverage on Monday with a $100. target. In 3 days stock shoots up to $91.

Maybe for the inuts the targets don't mean much? I never paid any attention before.

Michelle
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