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

AMZN 232.88

-0.8%

3:59 PM EST

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To: Bill Harmond who wrote (56783)	5/14/1999 6:42:00 PM
From: Jan Crawley	Read Replies (1) of 164684

biz.yahoo.com NEW YORK, May 13 (Reuters) - Wells Fargo and Co. (WFC - news) stock is trading near its 52-week high, but has trailed behind other banks, largely because investors have failed to realize the value of its online business, according to the May 24 issue of Business Week. Money manager David Post told the magazine he values Wells Fargo's online business at $20 billion, or about $12 per share, and said the stock price does not reflect the value of the business. p.s. That's one of the main reasons I am long WFC, it's both financial and net-banking stock. Can't find another bank better positioned in both.

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