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

To: Glenn D. Rudolph who wrote (106471)	7/26/2000 9:43:26 AM
From: Mark Fowler	Read Replies (2) \| Respond to of 164684

Please let's do that. I see the sell off in VIGN will continue this AM.<< Glenn if you don't want to be in the stock i'd keep a stop on it. You can always look at the issue later.

To: Glenn D. Rudolph who wrote (106471)	7/26/2000 9:48:06 AM
From: H James Morris	Read Replies (2) \| Respond to of 164684

>NEW YORK, July 26 (Reuters) - Lehman Bros. on Wednesday said analyst Holly Becker cut her rating on online retailer Amazon.com Inc. <AMZN.O> to neutral from buy. -- Becker said: -- "Throwing in the towel on Amazon." -- "To justify current valuation, the company must expand beyond books, and to date the company's new businesses have demonstrated a lack of traction." -- "Despite its powerful brand name and large, loyal customer base, there is softness in key consumer metrics." -- "Near-term execution risks are substantial as Amazon works to aggressively reduce costs while continuing to grow at rapid rates." -- "Furthermore, there is little valuation support as the company looks expensive, even at these lower levels, on virtually every measure." -- Shares of Amazon closed at 37-5/8 on Tuesday, near their 52-week low of 32-7/16. Its 52-week high is 113. 08:50 07-26-00