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


To: Glenn D. Rudolph who wrote (2838)4/7/1998 9:27:00 AM
From: Candle stick  Read Replies (2) | Respond to of 164684
 
AMZN just broke below the previous high of 88 1/8 where it broke out from. in pre market trading it is 87 1/2......I think a substantial change in thinking is underway and we are about to see major readjustment of the internet sector as a whole...........anybody know when YHOO reports..supposed to be today I think..that could really get a big slide going in the internet sector........;^)



To: Glenn D. Rudolph who wrote (2838)4/7/1998 9:31:00 AM
From: Candle stick  Respond to of 164684
 
RESEARCH ALERT - Yahoo! <YHOO.O> cut on valuation

MINNEAPOLIS, April 2 (Reuters) - Everen Securities Inc.
said Thursday it is lowering its intermediate rating for Yahoo!
Inc. to marketperformer from outperform based on the stock's
attainment of its price targets.
- "At a multiple of 140 times EPS (earnings per share) for
the year which begins in nine months we think a valuation case
is difficult to make at this point, hence our reduction of the
rating," Everen said in a research report.
- Everen maintained its long-term outperform rating.
- Earnings per share in 1998 are seen at $0.38 while in
1999 EPS are forecast to rise to $0.70, Everen said.
- Everen set an 18 month price target of $105. Yahoo!
shares were trading up 4-13/16 at 102-5/8.
((--Nigel Hunt, Chicago Equities News at 312 408 8787,
chicago.equities.newsroom@reuters.com))
REUTERS
Rtr 13:04 04-02-98

CAN'T WAIT TO GET ONE OF THESE ON AMZN!!.........;^)