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

To: Glenn D. Rudolph who wrote (115314)	1/15/2001 12:20:18 AM
From: Rob S.	Read Replies (2) \| Respond to of 164684

Glenn, I think brokerage houses that are in the business of churning stocks are prone to pick unexperienced people, like journalists or sanitation workers, and give them a glorified title, such as V.P. (the major brokerages seem to have more V.P.s than ex Cubans in Miami). That way they may actually be able to get someone to hype their push stocks and actually believe it. To give credit where it is due, there were a few analysts who suggested that Amazon was over-valued prior to it giving up most of it's high price. Blodgett finally got around to downgrading AMZN and urging caution after it had plummeted. This guy is so off base that it is funny. I don't blame the poor naive Blodgett so much as I do his whore house employer. They know better and are pumping and dumping stocks to the point of insane stupidity.

To: Glenn D. Rudolph who wrote (115314)	1/15/2001 1:39:52 AM
From: Bob Kim	Read Replies (2) \| Respond to of 164684

We have two issues here. One is Blodget tries to be more optimistic on firms compared to what he really believes to satisfy his employer. Secondly, he is not capable of analyzing a firm of any kind. Glenn, Both suggest legal or regulatory risks.

To: Glenn D. Rudolph who wrote (115314)	1/15/2001 8:03:19 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

Glenn, Blodget knew exactly what he was doing. Of course he understands finance and accounting principles. He also knew that by the time amzn faltered, he would be so wealthy from pumping it that it wouldn't matter to him. His name would be so well known, he could go hang out his own shingle and within 3 months have $9 billion in institutional money to manage without having to go on CNBC all the time. Then three years later, he could even retire from that, to manage all the $$ in his fat personal accounts that he made from the afore-mentioned. Heck, that's what Jeff Vinick of former Fidelity fame did! Remember Jeff, the guy who would buy enough AMZN to have to declare it in SEC filings, and then the amzn stock would shoot up as shorts covered, and then Jeff would sell out?! Victor