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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: KevinMark who wrote (42036)12/9/1999 1:14:00 PM
From: $Mogul  Read Replies (1) | Respond to of 108040
 
KIDE- holding my POKEMON gem as well too :)


KNOT- holding 1k of this too.



To: KevinMark who wrote (42036)12/9/1999 1:14:00 PM
From: Ellen  Respond to of 108040
 
J.P. Morgan Initiates Coverage of eTailing Sector, Amazon and eToys

Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--Dec. 9, 1999--J.P. Morgan
Securities Inc. equity research analyst Tom Wyman today initiated
coverageof the eTailing sector with a 40-page industry report. He
also launched coverage of the following stocks:
-0-
*T

-- Amazon.com $Nasdaq:AMZN) with a "BUY" rating and a 12-month price
target of $160

-- eToys.com (Nasdaq:ETYS) with a "Market Performer" rating and a
12-month target of $50

*T
-0-

In his report, "eTailing and the Five Cs: Building and eTailing
Megabrand Through Content, Community, Customization, Commerce and
Customer Care" Wyman calls eTailing "the new shopping paradigm that
will forever change the way goods and services are bought and sold."
However, he adds that not all eTailers are created equal: "The
competitive pricing of the Internet and low barriers to entry mean
that in the emerging eTailing battle, brand equity matters as never
before. Those that create discount-oriented commerce-only web sites
will likely become roadkill on the eTailing superhighway."
"Competing on price is not a sustainable competitive advantage
over the Internet in our view," says Wyman. "We believe the winners
will be those eTailers that build their brands by creating a
'destination' online store experience known for great selection,
information, customer service and prices that meet -- but do not
necessarily beat -- bricks-and-mortar-prices."
J.P. Morgan is a global financial firm with a growing technology,
media, and telecom investment banking and equities practice. The firm
has more than 150 professionals worldwide dedicated to this business
and, in the United States, has teams in San Francisco, New York, and
Los Angeles.

--30--slt/sf* gdr

CONTACT: J.P. Morgan & Co. Inc.
Margaret Southerland, 415/954-3213
southerland_m@jpmorgan.com
www.jpmorgan.com

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: BANKING BOND/STOCK RATINGS

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com




Dec-09-1999 18:01 GMT
Source BW