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


To: Skeeter Bug who wrote (17599)9/20/1998 9:26:00 AM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
This is an except from an article in the Sunday, September 20th, Seattle Times Stock Talk. The headline was "Amazon's not on radar screen yet, but analyst already wary". The article included the following: "Amazon.com (AMZN, $88) is too new to rate by Value Line, but analyst Warren Thorpe had some thoughts anyway. Although the stock has plunged from a high of $147, 'even at its substantially lower recent price, we cannot recommend the equity based on its 3 to 5 year appreciation potential.' As a business, the Seattle-based seller of books and music over the Internet won praise from Thorpe, who wrote, 'long-term expansion opportunities are very good.' But he didn't like the price. (Report issued 9/4)"

Glen, I wonder what these long term expansion opportunities are?
I also wonder who would pay $80ps to wait and see?



To: Skeeter Bug who wrote (17599)9/20/1998 11:52:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Glenn, where does one get such deals with the rolexes? tia...

Skeeter,

Please see my recent post. I really recommend reading a few of the featured articles here on that subject.

national-jeweler.com