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


To: Don Westermeyer who wrote (35596)1/20/1999 8:15:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

This guy is incompetent. More likely he is seeing the price go down and wants to cover
his a**. If he had looked at Amazon's own press releases and understood the retail
business at all he shouldn't be surprised at low profit margins. Ooops, did I say profit
and Amazon in the paragraph?


I have been saying this since the stock was $16.

Glenn



To: Don Westermeyer who wrote (35596)1/20/1999 9:10:00 PM
From: Rob S.  Respond to of 164684
 
He speaks out of both sides of his mouth - (refresher course - def.: ANAL; a so-called analysts who does very well predicting the past - while his firm makes the right moves which may be counter to published advice. Get it: ANAL as in Anal-retentive). When his career as an ANAL is over, he can become a right-wing politician.

Now that OpCo is either safely out of the way or short on the stock, Blodget conveniently changes his lofty expectations. But the bulls don't need to worry - he will likely again reverse his advice when the company shows throws out the numbers on Jan 26th. By that time the stock may be down to around 80 where it will be better positioned to be hyped up again.

It is good to watch what Blodget and other analysts do but take their words with a grain of salt. If you can find out what OpCo is advising their clients, take that advice - it is sure to be followed up by a change in Mr. B's public recommendations.