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

To: GST who wrote (104624)	6/3/2000 9:24:00 PM
From: H James Morris	Read Replies (2) \| Respond to of 164684

>I would not touch AMZN for the reasons you mention. I wouldn't touch General Motors either. GM a great old economy short. Imhop. > Detroit, June 2 (Bloomberg) -- DaimlerChrysler AG will be the most competitive automaker in the U.S. during the next five years, while General Motors Corp. ranks last, according to a study by Merrill Lynch & Co. Ford Motor Co. was second and Japanese automakers as a group ranked third in the study by analysts John Casesa and Steve Haggerty. South Korea's automakers were fourth, and European companies other than DaimlerChrysler were fifth, followed by GM. The rankings are based on average showroom age, percent of 1999 lineup that will be replaced in the next few years, product mix and projected sales for each new model. The U.S. is the world's largest vehicle market, with almost 17 million cars and light trucks sold last year. DaimlerChrysler AG, the third-largest automaker in the U.S., is forecast to replace 88 percent of its vehicle lineup, based on percentage of annual sales, from next year through 2004, according to the study. GM, the world's largest automaker, is expected to replace 56 percent of its lineup. DaimlerChrysler also is projected to get the highest sales out of each new model, at 83,000 a year, compared with the industry average of 62,000. The Stuttgart, Germany-based company's U.S. market share slid 1.5 points this year through May to 15.1 percent because of its aging lineup. Analysts expect that trend to continue until more PT Cruiser small car/truck hybrids arrive in showrooms along with redesigned minivans and midsize cars in the third quarter. DaimlerChrysler shares rose 1 to 54 5/8, while GM fell 1 3/16 to 68 5/8. Ford fell 1 1/4 to 48 1/4. Jun/02/2000 16:12 ET