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


To: H James Morris who wrote (124795)5/9/2001 12:51:58 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
This is sure a surprise LOL. No one would know that retail customers are not loyal. I know someone that was beating that point to death:

"Maybe Amazon.com (AMZN:Nasdaq - news) customers aren't so loyal after all. "

""We have become increasingly concerned that Amazon's customer base is turning out to be far less loyal than once assumed, and as a result may not be so 'valuable' after all," analyst Mark Rowen wrote after the close of trading Monday. Rowen also reiterated his sell rating, a rarity on Wall Street, which he slapped on the company in February. (Prudential has had a banking relationship with Amazon.) ""

""We have become increasingly concerned that Amazon's customer base is turning out to be far less loyal than once assumed, and as a result may not be so 'valuable' after all," analyst Mark Rowen wrote after the close of trading Monday. Rowen also reiterated his sell rating, a rarity on Wall Street, which he slapped on the company in February. (Prudential has had a banking relationship with Amazon.) "

The balance is here:

thestreet.com