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

To: H James Morris who wrote (76493)	9/4/1999 11:53:00 AM
From: Mark Fowler	Read Replies (1) \| Respond to of 164684

Mark, good morning. Who do you listen to?<< Listen to what the most powerful man in business have to say. Some of my take on this is irrationality coupled with fear and greed, with a good dose of general market paranoia thrown in along with some big guys playing on these for added effect. These are the best of times and the worst of times. A booming economy, with most economic experts expecting the growth to continue well into mid next year. And Banks and Brokerages had better concentrate less on flashy Web sites and more on customer service. And Btw, Semiconductors another leg is on the way.

To: H James Morris who wrote (76493)	9/4/1999 11:12:00 PM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164684

From the Merrill research notes: Company Description AMZN is the world's leading online book & music retailer since its 5/97 IPO. Factors influencing its unprecedented level of commercial success: highest- quality management; consumer interest in bookselling segment; competitive advantage; willingness to invest capital to build its business. While we are generally optimistic about AMZN's long-term prospects, we view the stock as overvalued and recommend significant investor caution. Merrill Lynch Investment Opinion Investment Risk Rating D HIGH Intermediate-Term Appreciation 1 BUY Long-Term Appreciation 1 BUY Income Rating 9 NO DIV/DIST Last Opinion Change Date 18-Aug-99 Latest Research Comment Date 3-Sep-99 Market Data Prior Day's Closing Data (Figures in U.S. $) Primary Exchange OTC Option Exchange Phila Price 62.437 52 Week Price Range 12/111 30 Day Average Volume 20839 M Shares Outstanding 165000.0 M Market Value 10302.18 MM