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


To: Glenn D. Rudolph who wrote (142846)6/9/2002 8:40:06 AM
From: Victor Lazlo  Respond to of 164684
 
Duke Energy, Williams, Vivendi, more
By CBS.MarketWatch.com
Last Update: 12:14 PM ET June 8, 2002


Amazon.com (AMZN: news, chart, profile) takes a spanking in the latest Barron's Technology Trader column as its 70 percent rise this year to $18.78 is questioned. Prudential Securities analyst Mark Rowen says his 12-month target is 10. The article compares the Internet merchandiser to traditional retailers and suggests the multiple of its estimated 2003 earnings would justify a $4.42 price.