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

To: re3 who wrote (81413)	10/20/1999 6:43:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

<<and i heard it was going to 140...>> What you hear here try to keep it here. Don't let the real world into our comedy club. I've been flat out on my back since last Sunday, and i got to tell you that this thread has become better than a keystone cops silent movie. The best one of the day was someone asking William why Vert gave up 3 points before closing.Rolf. Let's talk about Amzn for a change.Mitch Barlett of Dain Rauscher Wessels, one of the only analyst's to slap a hold rating on Amzn last year, when the Amazon investment craze entered the stratosphere (He's got a buy on it now;-)) thinks Amzn has only just begun. You can read this article in SmartMoney Magazine Oct issue page 102. This is the part I liked most. That's a lot of ifs,of course, and profits using the most optimistic model still don't arrive until 2004. Still, Barlett believes the model justifies its current stock price. "If Amazon can boost its audience to 16 or 17 million customers this fall, that's going to drive revenue growth in the 4th Qtr to 60%, and that's going to average out to 30% growth over four Qtrs" he says. "And if that happens, that means I should buy this stock all day long". Xoi did well today.;-)