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


To: Peter J Hudson who wrote (33063)1/6/1999 5:39:00 PM
From: Don Westermeyer  Respond to of 164684
 
A lot of analysts are refraining from making price targets on inet stocks now.

I guess there can be reasons other than the high price that keep one from buying, but his statement about him not buying and telling everyone else to buy is a little contradictory.

A few reports are saying analysts are expecting about a 40% pullback of inet stocks. I don't know how anyone can predict these inet guys.



To: Peter J Hudson who wrote (33063)1/6/1999 7:02:00 PM
From: Goldbug Guru  Read Replies (1) | Respond to of 164684
 
I saw the CNBC interview too, that shy guy Henry Blodget said something like Amazon.com are following the exact same path as America Online few years ago. If that's what he sees in the near future, it might not be a bad idea to grab some AMZN right now & watch it grow to a 70 billion dollars market cap stox. Yahoo's latest revenue is so puny but somehow the stock is trading at $291.00 Furthermore, Yahoo's market cap is still bigger than amazon.com
Amazon's idea make sense, I wouldn't want to waste my time & freeze my ass off just to buy the #1 seller in a bookstores.
1)hop in to your car
2)wasting your valuable gas
3)finding a parking space
4)waiting in line at the cash register
5)walking back to your car in sub-zero temperature




To: Peter J Hudson who wrote (33063)1/6/1999 10:00:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
He said they weren't buying at these
levels, but when asked if AMZN is a hold, he said no it's still a buy.


I saw and heard him too. He would not buy at this level but everyone else should go out and buy it. I suppose because that would not be his money.

Glenn