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

To: Jan Crawley who wrote (23657)	10/29/1998 9:22:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

From todays WSJ " Adding so many new customers in what is considered an off-season is tremendous," said Lise Buyer, an analyst with Credit Suisse First Boston (Elephant). "it proves that Amazon is now a mass-market phenomenon, rather than just a service used by techies." "We expect to see losses for the foreseeable future as they continue to invest in new businesses that they think of as important" said Genni Combes of Hambrecht & Quist (Elephant). "As long as they show improved operating leverage as they grow these businesses, I think they will continue to have the confidence of Wall Street." It appears that the Elephants came out to play.