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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (61762)	6/10/1999 3:10:00 PM
From: gladman	Read Replies (2) \| Respond to of 164684

Glenn, AMZN just filed an 8K merging/acquiring with Accept.com I'm new to the thread, is this old news? Thanks, Dave

To: Glenn D. Rudolph who wrote (61762)	6/10/1999 6:31:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Glenn, I got back out @ 107. This Blodget might have more influence than Mary,Lise,Jamie, Keith, etc,etc. How did this little amateur, come from no where to where he's @. This guy reminds me of an umpire that called one strike right, and now he's another prophet. Don't get me started on prophets. The problem with our planet is, we've always had too many prophets, and humanity spends too much time killing the followers of other prophets. >>By Emily Church and Bambi Francisco, CBS MarketWatch Last Update: 5:17 PM ET Jun 10, 1999 Internet Daily Net Headlines NEW YORK (CBS.MW) -- Internet stocks came under pressure Thursday after an influential sector analyst gave a negative June subscriber growth outlook for America Online, sinking shares of the bellwether stock. Today on CBS MarketWatch Stocks close down 69 points Azurix IPO raises $695 million Investors in haze over Disney Net plans Paul Allen moves onto the Island StockWatch: It's an e-eat-e world More top stories... CBS MarketWatch Columns Updated: 6/10/99 4:30:32 PM ET AOL (AOL: news, msgs) fell 5 1/4 to 105 3/4 Merrill Lynch Internet analyst Henry Blodget told clients Thursday morning he expected subscriber growth for the June quarter to come in at "the low end of guidance range, which was 750,000-850,000." Moreover, Blodget noted that "international subscriber growth is significantly weaker than expected, perhaps partially as a result of the "free access" movement in the U.K." He didn't change his revenue or earnings per share estimates, adding that "we do not see any major catalysts for AOL's stock until the fall." Among other Internet leaders: Yahoo (YHOO: news, msgs) was off 1 5/8 to 144 3/4, recouping some of its losses, while EBay (EBAY: news, msgs) ended down 5/16 to 182 11/16. Amazon.com (AMZN: news, msgs) turned around in the late afternoon, to end up 1 15/16 to 115 15/16. The Amex Internet Index slipped 2.7 percent, erasing Wednesday's gains. The Goldman Sachs Internet Index was down 3.2 percent. The overall market was lower Thursday as higher valuation stocks -- like many of the Internet stocks -- traded down on concerns of the effect of higher interest rates, noted Bruce Smith of Jefferies 7 Co. Yet some fund managers took the sell off in the Net stocks in stride on Thursday. "These are good times to get in," said Cern Basher who manages $1 billion fund for Provident Investment Advisors. "I couldn't care less what they do over the next two months," he said referring to the typical summer slowdown for Internet stocks. "We continue to buy them."<<