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

To: Lizzie Tudor who wrote (83192)	11/4/1999 6:43:00 PM
From: Bob Kim	Read Replies (1) \| Respond to of 164684

Blodget never upgraded ICGE and hasn't downgraded it either. If ML forced him to address his 2 yr price target, and based on the 20% upside threshold for his long-term Buy rating, he would have to raise it to more than $185 to avoid some form of ratings downgrade. Re: AMZN, Blodget hasn't addressed the price target so I assume it is still $75. For most ML analysts, if a non-Buy-rated stock offers more than 20% implied upside potential for longer than a few days, they may be asked to upgrade the stock or reduce the target. For example, HWP's target was $125 in July and is now $85 after several reductions.