(AMZN) - Get, Inc. Report

was up 0.3% in preopen


trading. After the close Tuesday, the company posted a fourth-quarter loss of 25 cents per share vs. the Street's estimate of 26 cents and the year-ago 55 cents. The online retailer also said it would cut 15% of its workforce, close facilities and take a restructuring charge of more than $150 million. Amazon

warned that 2001 sales would come in below estimates, but it also predicted that it would turn a profit for the first time late in 2001.

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Morgan Stanley Dean Witter

analyst Mary Meeker cut her 2001 estimates but maintained her outperform rating. Henry Blodget of

Merrill Lynch

also cut his estimates but maintained his near-term accumulate, long-term buy.


repeated its hold rating and 12-month target of 20.