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


To: Mark Fowler who wrote (58218)5/24/1999 4:33:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
I'm surprised in the strength in msft today. I was thinking about picking up some msft leaps a while ago but now I'll pass in favor of some inet bargains where I have a little more intuition anyway. But msft seems to have a floor at 75 doesn't it?



To: Mark Fowler who wrote (58218)5/24/1999 4:50:00 PM
From: getgo234  Read Replies (1) | Respond to of 164684
 
Interesting article in thestreet.com this afternoon (3:23pm ET). Lauren Cooks Levitan with BancBoston Robertson Stephens has a strong buy recommendation on AMZN. She notes that Wall Street seems more infatuated with the IPO's than with the more established internet companies. Lauren feels that AMZN's core business is becoming more
profitable and that the large increase in expenses is in the new businesses. She feels that actual revenues will blow away forecasted
revenues as the new businesses such as drugstore.com and grocerstore.com are integrated into the business.