Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: RockyBalboa who wrote (16621)	4/17/1999 1:47:00 PM
From: RockyBalboa	Read Replies (1) of 18691

Where to, AMZN ? When I remember how easily price targets have been taken out in the past.... then $400 could read $550-700.. Ahaaa! Now we have a $280 (= $840) target for Bezos' . Once more, AMZN crossed $550. "Jamie Kiggen, Internet analyst at Donaldson, Lufkin & Jenrette, ramped up his 6-to-12 month price target on the online retailing giant to $280 from $190. Kiggen also named the online retailer his "top pick." The upgrade prompted some skeptics to question how analysts come up with valuations." Sure. What are valuations? cbs.marketwatch.com That could read $333-$375 for Amazon not far thereafter. Hope noone is too extended. IS

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