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


To: Randy Ellingson who wrote (105575)6/27/2000 11:46:00 AM
From: H James Morris  Respond to of 164684
 
>And just how does that make you feel, HJ?
I'm glad Webvan bought homegrocery, even though I feel uneasy about this as a long term investment
I consider Webvan to be a high risk investment, so I have it in my high risk portfolio.
Btw
Check out Mrvl. Priced at 15 yesterday and opened today at 48. Who said IPO's other than .coms were dead?



To: Randy Ellingson who wrote (105575)6/27/2000 12:29:00 PM
From: H James Morris  Respond to of 164684
 
Sold 1/2 of Mrvl @ 60.



To: Randy Ellingson who wrote (105575)6/28/2000 12:02:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
Randy, how does this make you feel?
Btw
Wall Street won't let the "First Internet Darling " go down without a fight. So I joined you in the fight.:-))
>
CHICAGO, June 28 (Reuters) - Investment bank/broker ABN AMRO said Wednesday it started covering Amazon.com Inc. <AMZN.O> with a buy rating and a 12-month price target of $50 based on a belief that the giant Internet retailer is ready to improve costs and turn profitable sooner than expected.

-- In a research note, ABN AMRO said it estimates Internet retailing will grow to be a $400 billion channel in 2010 and industry analyst Kevin Silverman believes Amazon can retain more than a 12 percent share of that market.

-- Amazon's participation in this market will be driven by its customer service, brand awareness, low costs and "commitment to sell everything consumers could want," he said in the note.

Shares of Amazon.com closed at 36-8/16 on Tuesday.

09:34 06-28-00