Amazon.com, Inc. (AMZN) Message Board

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

AMZN 217.15

-2.5%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (114784)	1/8/2001 7:18:23 PM
From: Rob S.	Read Replies (1) of 164684

This reminds me of a discussion over a year ago: that Internet BTC sales would slow from the torrid 300% rates seen early on to a much more modest pace. The paltry 40% growth rate over last year, including sales from all the new categories that have been added since, is well bellow what even I had thought was likely. I thought that sales growth would slide to maybe a 75% rate and that would be enough to cause AMZN's stock price to slide. What's next, 10%-20% increase next year? At this rate, paying off $1.3 billion in debt (plus accumulating interest) won't be easy.

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