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

To: Bill Harmond who wrote (58040)	5/23/1999 8:36:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

Do you think the initial reaction to the Atlanta warehouse will be a guide to analysts' attitude to the unfolding amzn story ? Or do you not care at all about short term reactions and stock price ?

To: Bill Harmond who wrote (58040)	5/23/1999 8:40:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

>> That's why Monday's reversal and Wednesday's upside follow-thru should be taken seriously. Interesting interpretation. I took note of those and posted to someone that those events were weird and out of the trend and were being reversed. I guess you disagree.

To: Bill Harmond who wrote (58040)	5/23/1999 10:07:00 PM
From: Sarmad Y. Hermiz	Respond to of 164684

>> The Atlanta warehouse is a manifestation of their accelerated spending plans, so I think it's no surprise. So if more analysts increase their loss estimates, that will be a negative, right ? Also if the new facility is not hailed as proof of good execution of the business plan, that also is negative. Of course the opposite is also true. My feeling (arrived at by over-thinking) is analysts will be exasperated by this latest move and will not use it to praise Amazon mgmt judgement. Unlike the analyst who used the auctions and maybe drugs to arrive at the $280/sh target. And unlike the wild euphoria that greeted the Nevada announcement. That is specifically the lie that Glenn complains about. If analysts were honest or knowledgeable, they would know from then about losses. And would publish loss estimates in line with reality. Think of any stock, if loss estimates are increased by hundreds of millions, do you think the stock price will stay at new highs ?