Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: llamaphlegm who wrote (31279)	12/27/1998 12:24:00 PM
From: jach	Read Replies (1) \| Respond to of 164684

<Internet stock analyst at Oppenheimer & Co. On Dec. 16, Blodget raised his year-end 1999 price target for Amazon.com from $150 a share to $400. That would give the Internet darling a market capitalization of $21 billion -- one-third the value of all books sold in the world at retail last year. Blodget told Bloomberg News that he raised his price target because Amazon.com had blown through the one he had set earlier. The day Blodget made his optimism public to the investing masses, Amazon shares jumped 17 percent, to $289. A week later, the stock was at $325. Could a $500 price target be far behind? IT'S NOT ROCKET SCIENCE AWARD To number crunchers at the United States Treasury. Earlier this month, the Treasury revealed that miscalculations meant it had paid Social Security and other trust funds $1.4 billion in extra interest since 1980. And Uncle Sam is afraid to privatize Social Security, so average Americans can control their own retirement accounts?> Afraid of what? simple thing to do, put all in amazing AMZN. We all will be billionaires a few years down just from the payout from Social Security. imo.