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

To: Mark Fowler who wrote (37092)	1/27/1999 9:08:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Glenn, short term trend is up Amzn to retest highs it'll probably head towards 148+ with a descent close then up from there. Imo Mark, Thank you very much. Glenn

To: Mark Fowler who wrote (37092)	1/27/1999 12:30:00 PM
From: Olu Emuleomo	Read Replies (3) \| Respond to of 164684

BancBoston Robertson Stephens managing director and senior Internet analyst Keith E. Benjamin and senior e-tail and retail analyst Lauren Cooks Levitan today maintained their Buy rating and raised estimates on Amazon.com, Inc. (NASDAQ:AMZN). Amazon, headquartered in Seattle, Wash., is a leading online provider of books and music CDs via its Web site, Amazon.com, and is an established, well-known Internet brand. "We are raising 1999 earnings per share estimates from $0.62 to $0.93 and 2000 estimates from $0.00 to $0.22 due to Amazon's above-expected fourth quarter results," said Benjamin and Levitan. "Our forecast for the company in 1999 is more, more, more -- more spending, more people, more products. Amazon is expected to make substantial infrastructure investments in 1999 to prepare the company for continued impressive growth. "The company reported a strong quarter: 1. Amazon reported an earnings per share loss of $0.14, ahead of the pre-announced $250 million in sales and our estimated earnings per share loss of $0.20. 2. The dramatic fourth quarter sales increase helped Amazon achieve substantial profitability improvements in its core business. 3. January business trends remain strong pointing to opportunity for sequential revenue growth in the first quarter, even following the major seasonal uptick in the fourth quarter. 4. We believe the key question for Amazon remains its ability to build fulfillment capability in more product categories to exploit its brand and growing audience. 5. We continue to view Amazon as an extremely impressive brand with considerable revenue growth potential, which we believe should drive earnings per share leverage long term," said Benjamin and Levitan. Clients interested in receiving more information should contact their salesperson at 415-781-9700. BancBoston Robertson Stephens is a leading international investment banking firm focused on emerging growth companies. The firm's 55 senior research analysts cover over 575 companies. Additional information is available upon request. The information contained herein is not a complete analysis of every material fact respecting any company, industry or security. Although opinions and estimates expressed herein reflect the current judgment of BancBoston Robertson Stephens, the information upon which such opinions and estimates are based is not necessarily updated on a regular basis; when it is, the date of the change in estimate will be noted. In addition, opinions and estimates are subject to change without notice. This Report contains forward-looking statements, which involve risks and uncertainties. Actual results may differ significantly from the results described in the forward-looking statements. Factors that might cause such a difference include, but are not limited to, those discussed in "Investment Risks." BancBoston Robertson Stephens from time to time performs corporate finance or other services for some companies described herein and may occasionally possess material, nonpublic information regarding such companies. This information is not used in the preparation of the opinions and estimates herein. While the information contained in this Report and the opinions contained herein are based on sources believed to be reliable, BancBoston Robertson Stephens has not independently verified the facts, assumptions and estimates contained in this Report. Accordingly, no representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions contained in this Report. BancBoston Robertson Stephens, its managing directors, its affiliates, and/or its employees may have an interest in the securities of the issue(s) described and may make purchases or sales while this report is in circulation. BancBoston Robertson Stephens International Ltd. is regulated by the Securities and Futures Authority in the United Kingdom. This publication is not meant for private customers. The securities discussed herein are not FDIC insured, are not deposits or other obligations or guarantees of BankBoston N.A., and are subject to investment risk, including possible loss of any principal amount invested. SOURCE BancBoston Robertson Stephens -0- 01/27/99 /CONTACT: press only, Elizabeth Keys of BancBoston Robertson Stephens, 415-693-3334/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 110914/ /Web site: rsco.com