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


To: Skeeter Bug who wrote (20592)10/7/1998 6:08:00 PM
From: OtherChap  Read Replies (2) | Respond to of 164684
 
Let's see. Yahoo doubled in a month because of expectations of a whisper number of 15 cents a share. (and lets be honest, nobody pays any attention to anything but the whisper number anymore, even analysts admit in their memos to clients that the "official" numbers are intentionally lowballs so that the companies can beat them)

It sold off today, even though everyone knew they were going to post around 15 cents.

And then, today with earnings, no split was announced (lots of people were hoping for one) and the KISS OF DEATH:

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CEO said "unsustainable growth" and "slowdown" in next quarter.
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