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

To: H James Morris who wrote (106128)	7/14/2000 3:30:50 PM
From: Bob Kim	Read Replies (2) \| Respond to of 164684

HJ, $666. Isn't that ominous and very precise. Looks as if SQSW might be exiting its recent comatose state.

To: H James Morris who wrote (106128)	7/14/2000 3:39:58 PM
From: allen menglin chen	Read Replies (2) \| Respond to of 164684

James, time to lock in some LBRT profit. 34s!

To: H James Morris who wrote (106128)	7/14/2000 5:14:18 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

-- The analyst reiterated the firm's buy rating and said the third and fourth quarters would be good for Amazon. -- Salomon's cash flow projections assume gradual improvements in inventory turnover, payables turnover consistent with historical levels, and account for continued strong seasonality. >/i> Amazon has shown as revenues grow and merchandise lines grow, inventory turnover is decreasing rapidly. Why in the world would it go back to historical levels? A reduction in revenue is the only way so they may reduce inventory and inventory writedowns. My opinion is the assumption of the analyst is majorly flawed.