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


To: H James Morris who wrote (108669)9/20/2000 5:19:45 PM
From: NOW  Read Replies (1) | Respond to of 164684
 
I guess there really is no santa claus HJ...
Or maybe he's lurking in a bezos mask for the right time...



To: H James Morris who wrote (108669)9/20/2000 6:43:18 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
However, brokerage Goldman Sachs said it viewed the Yahoo news as a "non-issue" since
sales racked up through Yahoo amounted to only 1.5 percent of Amazon's total.


How about the visibility???? My opinion is these analysts have difficulty understanding how retailing works. The Yahoo viewer may not click fromt here to go to Amazon but may decide to use a bookmark, etc. Cut us a break and silly comments.

J.P. Morgan's Tony Wyman sounded more bullish, saying that the booming growth of
electronics sales showed Amazon could succeed outside of its core book business.

But Wyman didn't raise the company's rating, keeping it as a "buy" and holding price targets
of $60 by Christmas and $90 over the next 12 months.


Really Mr. Wyman? Amazon does not provide a breakdown of revenue by category particularly intra-quarter guidance. Unless Amazon provided numbers which is illegal selective disclosue to Mr. Wyman, Mr Wyman has no idea what the electronics revenue is. Anyone deal with J.P. Morgan? I would love to know this great revenue number that Mr. Wyman is referring to.

I will contact J. P. Morgan tomorrow and find out. This is really curious??