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

To: tonyt who wrote (32749)1/5/1999 9:28:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Was is ML that said that AMZN is worth $27 (split adj)?
I ask because all day bloomberg radio had been reporting that Merril said the Amazon's
revenue 'met expectations'. I found it strange that they only were quoting ML.

It was Johnathan Cohen at Merril that stated that AMZN was only worth $50 pre-split so that is about 16 3/4 now. The $250 million was the revenue number Johnathan Cohen used in his spreadsheet for analysis.

Glenn



To: tonyt who wrote (32749)1/5/1999 9:35:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
>>all day bloomberg radio had been reporting that Merril said the Amazon's revenue 'met expectations'

If that's really the case then Johnathan Cohen is spewing BS. His revenue estimate for the quarter is $177 million, not $250 million.



To: tonyt who wrote (32749)1/5/1999 11:03:00 PM
From: The_Guru_00  Respond to of 164684
 
Think ML's price target was $50. Split adj would be $17 (ish).


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