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


To: Bob Kim who wrote (102257)4/27/2000 11:36:00 AM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
Bob,
Lets face it...Wall Street loves Amazon pure and simple.
>
NEW YORK, April 27 (Reuters) - Credit Suisse First Boston and Donaldson, Lufkin & Jenrette said they raised their outlooks for revenues from online retailer Amazon.com Inc. <AMZN.O> Thursday.

Credit Suisse First Boston analyst Lise Buyer boosted 2000 revenue outlook to $2.84 billion from $2.75 billion.

boosted 2001 revenue outlook by 6 percent.

"We expect the company to be profitable -- really -- in ... 2002."

Donaldson, Lufkin & Jenrette analyst Jamie Kiggen raised 2000 revenue outlook to $2.98 billion from $2.95 billion.

trimmed loss-per-share estimate to $1.08 from $1.09.

kept 2001 revenue, loss-per-share estimate.

reiterated Top Pick rating, $140 price target.

Amazon.com reported a quarterly loss that beat Wall Street estimates.

company said was moving steadily to profitability.

shares off 2-1/2 at 51.

09:47 04-27-00