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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 (49810)	4/11/1999 3:12:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Comment from Blodgett on the split of shares of The Globe.com: "It is unusual to see a split announcement when you haven't seen a pretty strong run in the stock, especially when the stock is at a pretty low level," said Henry Blodget, an analyst at Merrill Lynch. "Splitting your stock in the current market environment tends to be a pretty good catalyst [for the shares] but doesn't necessarily have anything to do with fundamentals." I am totally lost on the fundamentals mentioned. I was under the beliefe told to me by Blodgett in analysis that fundamentals are not the issue in Inet stocks. Help<G>

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