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


To: Gary Walker who wrote (35611)1/20/1999 6:17:00 PM
From: tonyt  Respond to of 164684
 
WSJ: "Amazon.com slipped 26 13/16 to 113. The Seattle, Wash., online book retailer drew selling after CIBC Oppenheimer analyst Henry Blodget said he won't raise his 12-month price target of $133. Mr. Blodget said the recent trend among Web retailers to sell merchandise at wholesale prices could curb investor enthusiasm about the companies, indirectly hurting Amazon's stock."

Indirectly hurting Amazon's stock??? How about directly hurting Amazon's stock




To: Gary Walker who wrote (35611)1/20/1999 6:27:00 PM
From: Bill Harmond  Read Replies (4) | Respond to of 164684
 
>>What did this guy do just wake up from a dream?!?

No, he's reacting to Onsale's announcement Monday that they would be selling new computers at cost, and will be following an advertising model.




To: Gary Walker who wrote (35611)1/20/1999 6:43:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
>>"is that it operates in a brutally competitive, low-margin commodity
business, and we believe, therefore, that a proliferation of the 'at cost' strategy could
scare the bejeesus out of investors and weaken the stock.<<

like this is new? come on... people are dense. btw, at cost is a joke. those onsale prices are WAY too expensive for me.