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To: Trader X who wrote (14159)5/28/1998 8:37:00 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 17305
 
I wish I could borrow their crystal ball for a day:

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....



Trying to estimate FY99 is tough enough. But '01? Give me a break. 50X '01 earnings! Back up the truck....NOT!