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

AMZN 222.11

-0.2%

11:44 AM EST

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To: Wayners who wrote (53667)	4/28/1999 9:57:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

RESEARCH ALERT - AOL EPS estimates changed NEW YORK, April 28 (Reuters) - Credit Suisse First Boston said Wednesday it changed its 1999 earnings estimate for America Online Inc. <AOL.N> to $0.36, reflecting the Netscape Communications Corp. merger. -- The firm said its new 2000 EPS estimate was $0.53. Previous estimates were not immediately available. -- CSFB said while the market periodically frets about the company's ability to make the leap to a broadband service, it believes that the online giant's 19 million customers give the company unmatched clout. -- CSFB reiterated its buy recommendation. -- AOL's stock closed Tuesday at 154-9/16 after its third quarter earnings beat Wall Street's estimates. It posted income of $117 million, or $0.11 per diluted share. 859-1730))

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