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

AMZN 226.10

+2.5%

Nov 24 3:59 PM EST

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To: Lizzie Tudor who wrote (57424)	5/20/1999 11:51:00 AM
From: Rob S.	Read Replies (1) of 164684

A couple months ago I mentioned Navigant, FLYR, as being worth a look. At the time it was somewhere around 5. Since then it reported better than expected earnings. Analysts have raised forecasts for this quarter from 27c to between 33c-37c and for next year from 98c to 1.20. I know that this is a clear mark against them - not every company can be as perfect at spending money as the Amazing one, but maybe some investors will be able to ignore their poor loss performance and realize that management has room to grow and start spending wildly. ; ^) The stock has been under quiet accumulation with much higher than normal volume on no news over the past several days. It formed a base at around 7 and today has managed to break through that level of resistance. Navigants primary business has been business travel management but they recently announced plans to leverage that and open up a vacation and cruise internet travel business which has been set up as a new division. That may be a prelude to it being spun off as a separately traded company. FLYR also announced a software development and deployment agreement to create a one-stop travel planning and management site. This stock has not yet caught the imaginations of the Internut crowd. Expected announcements about the new site openings and portal agreements should change that within the next 3-6 months, IMO.

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