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


To: H James Morris who wrote (105353)6/24/2000 12:11:00 PM
From: Bob Kim  Read Replies (1) | Respond to of 164684
 
HJ, It appears that nobody agrees when one analyst criticizes or praises another analyst.

From CNET:

At least one analyst disputed Suria's conclusions and defended Amazon. "With respect to a weak balance sheet, poor working capital management, and negative operating cash flow, (Suria) got this numbers dead wrong," J.P. Morgan analyst Tom Wyman said in an interview.

Suria "should go down the hall and talk to the e-tailing analyst and see how an Internet e-tailing model works," he said.

From thestandard:

Merrill (MER) Lynch analyst Henry Blodget, who also warned that sales growth would weaken, praised the Lehman report as very thorough. But Blodget noted that the report looked at Amazon's operations for the last eight quarters and a snapshot of its financial health in the most recent quarter. From that, the report concluded that Amazon needed to improve its operations, Blodget said. "We agree with that, but we believe they are improving," he says



To: H James Morris who wrote (105353)6/24/2000 9:55:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Glenn, I'm hoping we get some good news from the FOMC meeting next week.
Amzn has rattled the market. My AOL took a hit too, even though the Time Warner
shareholders approved the merger.


James,

I would like good news too. A slowing economy is not good for retail and it is now slow enough in my opinion<G>