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

To: GST who wrote (118909)	2/28/2001 7:11:58 PM
From: Bilow	Respond to of 164684

Hi all; I suppose you guys know that AMZN traded in single digits after hours... -- Carl P.S. Class, can you say "penny stock"?

To: GST who wrote (118909)	3/1/2001 1:16:37 AM
From: Glenn D. Rudolph	Respond to of 164684

In this weak economic environment, I would not want receivables from AMZN on my accounts. It is not an issue now since all invoice will come due within 45 days. It will be an issue in the fall which is where Suria was headed.

To: GST who wrote (118909)	3/1/2001 4:59:41 AM
From: H James Morris	Respond to of 164684

Gst, didn't I tell you to short the sluts? >2/28/01 5:26 PM ET Merrill Lynch gored the brokerage community this morning, telling investors that the bottom could fall out on first-quarter earnings as investors shy away from trading. "Upcoming broker-dealer earnings results look set to disappoint vs. current Street estimates," wrote analyst Judah Kraushaar in the opening of his note to investors, fittingly called Crunch Time. "Consensus first-quarter and 2001 forecasts may fall near term." He reduced his earnings per share estimates on a handful of companies and named three near-term challenges as major factors in the revision. The first problem is that retail investors have stopped trading, leading to a downturn in revenue created from trading-related fees. Also, private equity results might face more losses while mergers and acquisitions and underwriting fees have dried up as the market grows cold and hostile. Goldman Sachs' (GS:NYSE - news) first-quarter earnings estimate was cut to $1.18 per share from $1.24 per share, while the full year 2001 was dropped to $6 from $6.15. Wall Street currently expects Goldman to make $1.39 a share in the first quarter and $6.29 a share in 2001. Morgan Stanley Dean Witter's (MWD:NYSE - news) first-quarter estimate was cut to 88 cents a share, like the Goldman call, 15% below Wall Street's forecasted $1.02 a share. Kraushaar said that private equity losses and weak commissions would hurt Morgan Stanley but hoped that fixed income markets could help alleviate the pain. He trimmed his 2001 estimate to $4.40 from $4.45 a share. Lehman Brothers (LEH:NYSE - news) received the lightest slap, with only its first-quarter earnings estimate getting scaled back. Kraushaar dropped the estimate to $1.39 a share from $1.46 a share, lower than the consensus $1.50 a share currently on the books at First Call/Thomson Financial. "Nonetheless, we think that Lehman may be unusually well-positioned for leveraging the revival in fixed income markets as 2001 unfolds," wrote the analyst, who actually upped his 2001 estimates to $6.20 a share from $6.05 a share.