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

To: Victor Lazlo who wrote (30244)	12/17/1998 12:40:00 AM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

I disagree. AOL would have gone up 15 points if that announcement had any substantial weight with the online traders. Besides, the average retail investor wouldn't know what 350% yearly increases mean, or even question what dollar amount that 350% represented. (I dont believe anyone ever mentioned a specific dollar amount- 350% sounds better than "an extra 10 million dollars") The 400 dollar price target had only one purpose- to glaze over the eyes of retail investors and lull them into buying some more shares in the tulip craze. The number 400 is nice and tidy and easy to understand. No messy financial analysis, just hype. Interestingly enough, the target was so outlandish that even the unknown analyst who made the recommendation was backpedaling late this afternoon, literally telling the press "I meant a 5 year target, not a 1 day target!" As if he didn't know what was going to happen based on past upgrade-history with AMZN. Sounds like a case of Cover Yer A** to me, in preparation for the impending painful correction. +++++++++++++ Gary I think it also had to do with the announcement by aol of christmas season

To: Victor Lazlo who wrote (30244)	12/17/1998 4:59:00 PM
From: Gary Walker	Read Replies (2) \| Respond to of 164684

ML analyst comments.....ML has been bearish on the stock for sometime, so what was said sounds like sour grapes. At least they haven't capitutlated and running with the herd. Interesting, a little positive comment from a known internut sends the stock up 50 and a respected house like ML gets a 12 point drop. Smells like IOMEGA.... Hows this for a comparison?? Remember when HSN (home shopping network)was so hot? Similar kind of move up as AMZN? The analysts said their model was the future of shopping. Anybody remember the intimate details of HSN's rise and fall? gw