SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.35+0.4%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: H James Morris who wrote (48866)4/4/1999 4:56:00 PM
From: Jenne  Read Replies (1) of 164684
 
"Wowza!! AMZN is surging ahead once again. Amazon announced on
Monday it'd go head-to-head with Ebay and gained $10.56 while
shares of Ebay tumbled. The stock advanced over 7% on optimism
that they could be the next leader in the internet auction
business. They are positioning themselves as the Web's
retailing king acquiring stakes in Pets.com, a pet supply
retailer and Drugstore.com, an online pharmacy. "Bid Click"
went online Tuesday with over 8 mln members registered and
about 100 charter merchants. Investors were confident of
Amazon's future success and the stock jumped up another
$15.06. AMZN continued to climb this week and closed at
$171 on Thursday. The MACD and MOM technicals are positive
and its 10 dma is in the shadows at around $149-150.

With Amazon's prolific announcements came the upgrades.
On Monday, BancBoston Robertson Stevens reiterated a
"strong buy" rating citing above expected revenue growth.
Pacific Crest came in on Tuesday and upgraded their rating
from "buy" to "strong buy". And their analyst, Steve
Weinstein, believes AMZN has become the "Wal-Mart of the
Web in less than 10 years and shares could see plus 800%
upside over time". Earnings are due April 27th and are
expected to have excellent numbers. For the history books,
AMZN just split 3:1 on 1-99 and 2:1 on 6-98. Are we headed
for another stock split? Time will tell. "
OPTIONINVESTOR
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News