Silicon Investor (SI) -- The First Internet Community

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) -- Ignore unavailable to you. Want to Upgrade?

To: 16yearcycle who wrote (61092)	6/7/1999 3:30:00 PM
From: Mark Fowler	Respond to of 164684

I think the key here is when will the brokers change their accumulate/outperform to strong buy. Will they do it before the report or wait for results." What do you think?<<< biz.yahoo.com

To: 16yearcycle who wrote (61092)	6/7/1999 3:37:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

>> What do you think? I am of two minds here. Or two hands, maybe. The analysts whom we think are in the know (Meeker, Blodget) changed their rating from strong buy to outperform and accum. That was after the last report. And it was in early May. So by what pretext could they change before the Q2 e ? Only if there are new business announcements. There were re warehouses, but that is past. Also Henry B. did not come out and say AMZN is undervalued. In fact he said he sees weakness going into August. And Meeker made one of her usual "we could see another 20% down" remarks. All these tell me they will wait. That's why I don't think the run will go as high. Just to show you how worthwhile my opinion is, I shorted eBay today at 173.