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


To: Bill Harmond who wrote (31562)12/29/1998 11:14:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

RESEARCH ALERT-Barnes & Nobletarget raised

NEW YORK, Dec 29 (Reuters) - Morgan Stanley Dean Witter analyst Bruce Missett said Tuesday he raised Barnes & Noble
Inc's target price to $45 from $35 per share.

-- Missett reiterated the company's outperform rating.

Missett based his change on the increasing recognition of the significance of the Internet retail portion of the business.

Missett lowered his fiscal year 1998 EPS estimates to $0.80 from $0.90 and his 2000 estimates to $1.20 from $1.35 based on
slightly more conservative core bookstore estimates, greater Internet losses and inclusion of the proposed Ingram acquisition.

-- Shares were up 1-2/16 at 41-3/16 on Tuesday morning.

((--Wall Street Desk (212) 859 1730))



To: Bill Harmond who wrote (31562)12/29/1998 12:59:00 PM
From: John Chen  Read Replies (1) | Respond to of 164684
 
William,re:"brand name..". I think established store (brandname) has
advantange on their locations. While pure Web-base store has
all the other advantage (low cost structure, convenience/virtual
locations).

Since I live in big city, it would be nice for me to 'Shop ont
the Web', check availabiliy, price... and just PICK IT UP down the
road, no shipping and handling. Also, return is as easy as before
while the shopping is much better.

There was a $2 stock (retailer) on American exchange yesterday,
mentioned that it has intention to sell on the WEB, the stock rised
800%+. AMaZiNg, eh.

There will be winners(count with one hand) and losers. I believe
AMZN, AOL, YHOO, CSCO, LU, TXN, SUNW, DELL, CPQ, MSFT are the sure
winners on this 'web-trend', (THE KILLER APPL). Maybe a couple of
Jewels as EBAY kind hidden among the sands.

I haven't owned any web-stock yet, the one came close to me were:
AMZN, AOL (in that order, timeline). But correction should come
early next year.