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

To: jach who wrote (40007)	2/14/1999 2:35:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Service Merchandise Co. Inc. The Wall Street Journal -- January 11, 1999 Service Merchandise President, CEO Quits BRENTWOOD, Tenn. -- Service Merchandise Co. said Gary M. Witkin had resigned as president and chief executive to "pursue other interests." In addition, the struggling jewelry and home-appliance retailer said it is obtaining a $750 million financing commitment from Citigroup's Citibank. The company said the financing would help it repay its existing bank facility and support Service Merchandise's attempts to improve its operations and return to profitability. Mr. Witkin, 50 years old, couldn't be reached for comment. A company spokesman said Mr. Witkin "voluntarily resigned." Service Merchandise said it expects to name a new CEO "shortly." Raymond Zimmerman, 65, the former CEO and current board member, will take over as board chairman in a nonexecutive capacity. He replaces James Poole, 73, who will remain a director.

To: jach who wrote (40007)	2/14/1999 8:36:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

Jach, <Not superstitious, but will say it again - AMZN is a 10$ stock. Let's see what will happen next week. AMZN will probably go up substantially; why? because, in the past whenever 10$ was mentioned AMZN jumped. Happy Valentines day to all the AMZN lovers. > Today, for the first time, amzn's rating in Zacks went to "moderate sell". Zacks ratings are based strictly on tracking changes in earnings estimates. In amzn's case these are loss estimates. I don't know whether Zacks's is a contrary indicator such as your $10 figure. It is possible that brokers will keep recommending amzn even while increasing loss forecasts. -Sarmad