Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

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 234.70

-1.2%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sarmad Y. Hermiz who wrote (57194)	5/18/1999 2:40:00 AM
From: Paul Viapiano	Read Replies (2) of 164684

<<On the negative side, analysts are everyday increasing loss estimates, and some quietly down grading from strong buy to a notch lower.>> --------------------------------------------------------- The only reason these analysts are downgrading is because the stock was going down and failing the major support points. They were all upgrading with glowing reports when it was at 200. Typical reasoning: "Oh look, AMZN is at 200. Wow, that's pretty high. I think I'll put a Strong Buy on it. Wow, it's pretty strong" or "Man, AMZN is tanking. Down 40%...better downgrade it." You'll go broke listening to these guys.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next