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


To: Sarmad Y. Hermiz who wrote (123047)4/5/2001 10:49:50 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Sarmad, I did buy Yhoo yesterday based on all the rumors it will get bought out by a media giant.
$20 ps is the # I keep hearing.
>Santa Clara, California, April 5 (Bloomberg) -- Yahoo! Inc. shares rose as much as 24 percent after Lehman Brothers analyst Holly Becker raised her rating and said ``the worst is over'' for the most-used site for searching the Internet.

Shares rose as high as $15.38 in early trading. The stock closed yesterday at $12.44, down 92 percent in the past year.

Management changes, lowered estimates and the stock drop make Yahoo's value ``much more reasonable,'' Becker said in a research note. She raised her rating on Yahoo to ``buy'' from ``market perform. Becker wasn't available for comment.
Btw
Becker has a 'don't buy' recommendation on Amazon.com