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

To: Olu Emuleomo who wrote (105929)7/11/2000 11:02:01 AM
From: MStonek  Respond to of 164684
 
I was going through some old stuff and I found this, from late last year (does this guy get paid for this?):

'Dec 14, 1999 - J.P. Morgan has started research coverage of ETOYS INC (48-1/2, down 4-5/8 @ 11:04 am ET) and AMAZON.COM INC (106-3/8, up 17-13/16 @ 11:17 am ET) the investment firm said. Amazon was started with a buy rating and a 12-month price target of $160. The price target will be driven in part by new major category announcements in 2000. Coverage of eToys was initiated with a market performer rating, due to increasing competition. A 12-month price target of $50 was set for eToys; said it is difficult to justify the stock's current valuation. While eToy's management has done a good job of executing their plan, the stock's valuation has gotten ahead of the story.'



To: Olu Emuleomo who wrote (105929)7/11/2000 11:15:58 AM
From: H James Morris  Read Replies (3) | Respond to of 164684
 
>How's your YHOO put doing
Great!
Meeker says its a buy at 100, so I intend to sell those puts between now and the end of this day.
Btw
Check out the chart on Dclk. Was that a short sellers dream on the first trading day of the new millennium, or what?
As a matter of fact, all Internet advertising stocks have been trashed this year.
I wonder why? What does that tell you?


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