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

To: 16yearcycle who wrote (67860)	7/15/1999 4:28:00 PM
From: Glenn D. Rudolph	Respond to of 164684

For several months I have been more comfortable with amzn than yhoo. The advertising model concerns me. It is easier for me to visualize amzn having sales of 50 billion in 10 years, than what yhoo will be in 10 years. Still, lets imagine that in a general market debacle or for whatever reason, yhoo slides to 120 again. I can see yearly e of 2.50 in 2001, making it really very cheap on a good dip like that. I will wait for 135 and start adding for the long run. Gene, I feel the same way.