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

To: llamaphlegm who wrote (11790)	7/26/1998 1:40:00 PM
From: umbro	Respond to of 164684

It's worth noting that Mary Meeker's comment was made in Sept. 1997: Mary Meeker of Morgan Stanley, Dean Witter, Discover & Co. began covering the company Friday, telling investors to buy the stock for it's long-term prospects. Still, ''Amazon's valuation gives us heartburn of gargantuan proportions,'' she wrote. She published her report when the stock was at $40 a share. Meeker was unavailable for comment. And the price giving her heartburn was $40 pre-split, or $20 in today's terms.