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


To: james paterson who wrote (74394)8/18/1999 10:13:00 AM
From: Diamond Jim  Respond to of 164684
 
What do you mean? an upgrade based on the fact the stock has lost 50% isn't honest?

What a joke, this co. has no business plan to ever turn a profit and they are upgraded. Why doesn't the SEC stop this BS?



To: james paterson who wrote (74394)8/18/1999 10:14:00 AM
From: Cap_Loss_Cfwd  Read Replies (1) | Respond to of 164684
 
>>This bloated pig may get to the 140s but then it will plunge right back to the 80s<<

I had the good luck to close my shorts on eBay at 88 and 93 last week. I am hoping eBay continues to gain altitude to say 140, at which point it becomes another great shorting opportunity.



To: james paterson who wrote (74394)8/18/1999 10:16:00 AM
From: Jan Crawley  Read Replies (3) | Respond to of 164684
 
Blodgett typifies everything that is ridiculous about the internuts

I say that Blodget is trying to play it again. The first time:

O. By 10/30/98, Amzn corrected over 60% from it's high of $147.
1. By 10/30/98, DB accumulated 22M Amzn shares
2. In early 11/98, Amzn announced a 3:1 split un-expected.
3. In late 11/98, Blodget targeted $400.

This time:
0. 8/99 low of $80s and over 60% correction from $220.
a. Janus has over 16M shares
b. Amzn 2:1 Split
c. He is upgrading again.

Major difference:
1. Float and short interest dis-advantage.
2. No margin for Amzn on-line trading, less speculating, not a plus.
3. the $1.2B convertible-turn-equity advantages