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Re: madrose1 post# 531222

Wednesday, 01/31/2007 1:08:54 PM

Wednesday, January 31, 2007 1:08:54 PM

Post# of 704041
Caris sees "below-average" guidance for AMZN

Amazon.com-AMZN expecting in-line quarter and guidance-Below Average@CRIS
While Caris believes shares will trade off on an in-line quarter, they note their bearish call is not on this or any particular quarter. Rather, they are bearish on the sustainability of the stock's ultra-premium valuation given the material long-term challenges that AMZN faces.

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