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

To: tonyt who wrote (30062)	12/16/1998 11:14:00 AM
From: cgraham	Respond to of 164684

Amazon.com shares leapt 17 percent Wednesday morning, sparking a broad rally in other technology issues. CIBC Oppenheimer analyst Henry Blodget raised his 12-month price target for the stock (AMZN) to $400 a share. His previous target was $150 a share. Amazon shares jumped 41 1/4 to 284. Earlier, it touched 288, an all-time high. The Amex Internet Index gained 1.7 percent. The Goldman Sachs Internet Index jumped 3.3 percent. The Amex Networking Index was up 0.1 percent. The Philadelphia Semiconductor Index was up 0.9 percent, while the CBOE Software Index edged 0.6 percent higher.