Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 230.84

-0.7%

Dec 31 3:59 PM EST

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To: Bill Harmond who wrote (86198)	12/5/1999 8:01:00 AM
From: Tom D	Read Replies (3) of 164684

This news is horrible for AMZN... (from Barrons) CSFB's Internet analyst, Lise Buyer, indicated that Amazon will probably provide more detailed financial results to keep the natives from growing more restless. A case in point is the company's recent release of early holiday sales performance, saying Amazon's business was 19% ahead of last year's post-Thanksgiving results. This has to be a typo, right? If year over year sales are only up 19% while they are adding all these new lines of business and expanding into new countries, then the equivalent of same store sales must be in a state of decline. Even if same store sales growth was 19%, that would be a disappointment. OTOH, AMZNs share price seems rather unrelated to arcane financial statistics like annual sales growth. What do you think? Tom D

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