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

To: Glenn D. Rudolph who wrote (108522)	9/18/2000 10:42:40 AM
From: Ram Seetharaman	Respond to of 164684

Monday September 18, 10:34 am Eastern Time RESEARCH ALERT- Amazon price target raised to $60 CHICAGO, Sept 18 (Reuters) - ABN-AMRO analyst Kevin Silverman said on Monday he raised his 12-month price target on online retailer Amazon.com Inc. (NasdaqNM:AMZN - news) to $60 from $50, and reiterated his buy rating. -- said price target change reflects incremental value in European retail, on-line brokerage and online travel. -- said Seattle-based Amazon.com might announce another strategic category and blue-chip partner. -- said upcoming analyst meeting on Sept. 19 is likely to have a positive effect in preparation of the holiday season. -- said he thinks the company is going to outperform in the short term. Shares of Amazon.com traded at up 1/8 at $43-1/2 in morning trade on the Nasdaq.