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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST

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To: Mark Fowler who wrote (58218)5/24/1999 4:50:00 PM
From: getgo234  Read Replies (1) of 164684
 
Interesting article in thestreet.com this afternoon (3:23pm ET). Lauren Cooks Levitan with BancBoston Robertson Stephens has a strong buy recommendation on AMZN. She notes that Wall Street seems more infatuated with the IPO's than with the more established internet companies. Lauren feels that AMZN's core business is becoming more
profitable and that the large increase in expenses is in the new businesses. She feels that actual revenues will blow away forecasted
revenues as the new businesses such as drugstore.com and grocerstore.com are integrated into the business.
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