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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.53+0.4%12:42 PM EST
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To: H James Morris who wrote (59421)5/31/1999 9:27:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
>> eBay has a high of 234 and currently is 177.
That's only 67 points, that's a lot of meat still left on the bone.

It's a lot left. But I prefer to think of it as 5c earnings last Q, growing to 5c this Q. Let's see, that 0% growth. Lets say they surprise and get 6c, after rounding. I don't think that will support 177 $/share. Though I think it will run quite a few points leading to its report. There are always those who expect a blowout, like 7c.
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