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


To: Robert Rose who wrote (85736)11/30/1999 4:03:00 PM
From: fedhead  Read Replies (1) | Respond to of 164684
 
I love the WBVN service. We have been ordering through them
for the last month. They seem to do a good job in delivering groceries. Even the selection of produce is very good.
I am thinking of getting into the stock on a pull back.



To: Robert Rose who wrote (85736)11/30/1999 4:11:00 PM
From: Bob Kim  Read Replies (1) | Respond to of 164684
 
Rob, WBVN was just an FYI on Blodget's coverage. I think last mile companies are interesting, I just don't know what I would pay for the stock. I might use the service.

I should have mentioned that Blodget's report was priced at $29 so $32 isn't much upside, but now with stock having sold off some, we should see how confident he really is, particularly if he is willing to upgrade the rating. Based on yesterday's close, the $32 price target would easily have qualified for a Buy rating. I wonder why he's been introducing his last couple names intraday.

He does mention that he thinks 10x appreciation is possible over the next 10 years.