Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bob Kim who wrote (101645)	4/19/2000 12:00:00 PM
From: Sam Citron	Respond to of 164684

Bob, I don't see any admission of deception there. The preceding 2 sentences lay the foundation for his bullishness: For the first time, Amazon has revealed what its quarterly sales per active client were: $116, up from $106 in the '98 quarter. More customers, each spending more--a very good sign. Then he says: "I think it's dead money for a while, but I want to differentiate it from all the pieces of [expletive] we have buys on." I do not see this as misleading. The "we" is somewhat ambiguous, but presumably refers to Merrill Lynch. They have buys on lots of stocks. Not all analysts need agree with all of these calls. He might think most of the buy recommendations are pure crap, but that is not the same as admitting to misleading investors. He is simply stating his opinion. Sam