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

To: 10K a day who wrote (118378)	2/22/2001 1:09:18 PM
From: Reilly Diefenbach	Respond to of 164684

Why now? www2.marketwatch.com "On Wednesday, Merrill Lynch analyst Henry Blodget put a stock price on Amazon.com of $8. "We estimate that the valuation floor, assuming no further reduction in estimates, is probably about $8," based on a multiple of one times '01 expected revenue of $3.3 billion, he said. Blodget had previously pegged Amazon's revenue to grow to $3.5 billion, as guided by Amazon after its fourth-quarter conference call. Blodget joins other analyst at the low-end of projections."