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

To: H James Morris who wrote (94117)	2/20/2000 12:04:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Glenn, I thought I'd bring you up to date on what the investments bankers (sluts) have put out on Amzn since the start of the new millennium. I think Amzn might be a buy at 60 or watch out below. I probably will not play with it. James, Thank you for all the comments. I had decided a long time ago never to play with it again so will not either. I have taken some time to view analyst's reports in more detail and on average, most upped their rating but increased losses even though Bezos stated they were moving towards profitability. It is clear the "pimps" want the stock price to rise but they are having difficulty making a model showing profitability or decreasing losses for that matter. The only revenue stream with margin the analyst's hold their hats on are the promises by certain firms to pay Amazon for a location on their site millions of dollars over the next few years. Most do not address the issue of the ability to pay by theses firms. Others just place the revenue from these firms in the earnings model for Amazon. I assume the increased losses by some analysts are those that are not placing these payments in their model due to their knowing the firms cannot pay. They change to a strong buy but increase projected losses. The other group changes to a strong by but decreases projected losses. It sure is fun to watch.