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


To: Glenn D. Rudolph who wrote (4803)5/28/1998 11:51:00 AM
From: Alexander Pavlov  Read Replies (2) | Respond to of 164684
 
<< Does anyone have the text of the Robertson Stephenson upgrade? I am referring to the reasons not the press quote. I suppose the full analyst report is what I am looking for.>>

Here it goes. Sounds to me like "it's always darkest before the dawn".

Alex

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Amazon.com (AMZN) 86 5/8: BA Robertson Stephens upgrades from "long-term attractive" to "buy" and raises its price target from $65 to $88 a share; believes there is upside to current EPS estimates and room to raise price target as the company demonstrates more revenue and customer growth and leverage on marketing expenses; lowers 1998 EPS from loss of $2.84 to loss of $3.05 and 1999 estimate from loss of $2.17 to loss of $2.35 a share, but ups year 2000 EPS from profit of $0.02 to $0.12 and 2001 from $1.30 to $1.75 a share....



To: Glenn D. Rudolph who wrote (4803)5/29/1998 8:23:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
glenn, robbin' stephen (and jane and bob and bill and all their other customers) is a joke. they upgraded mu at $45+ last year. then they downgraded in the low $20s. they recently upgraded twice. once in the low $30s and once at $27. it is now $23 and dropping like a lead weight.

rs is horrible. i'm hoping for a pop to load up on some oct 70 puts :-)