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

To: Glenn D. Rudolph who wrote (58307)	5/25/1999 7:58:00 AM
From: tonyt	Read Replies (1) \| Respond to of 164684

These are encouraging words from Blodgett? "This has been a long, slow decline relative to other pullbacks," said Henry Blodget, Merrill Lynch's Internet analyst. "In that environment, you have a lot of people really losing money. They get in thinking it's the bottom and then they end up losing even more money."

To: Glenn D. Rudolph who wrote (58307)	5/25/1999 8:01:00 AM
From: tonyt	Read Replies (1) \| Respond to of 164684

This is the first time I heard this excuse: "It also helped turn some investors negative on Internet stocks when Amazon followed Yahoo's results with its own, including revenue figures that weren't as impressive as some investors had hoped for." Revenue figures were better than expected. It was the future guidance that hurt AMZN. Looks like the WSJ is into revisionist history.