Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: Skeeter Bug who wrote (127765)	7/6/2001 12:25:24 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

the real pisser is that folks ordering prior to the free shipping deal had their shipping removed in the system EVEN THOUGH AMAZON FULLY INTENDS TO CHARGE THEM SHIPPING! I am not sure what you mean?? 1. raise prices and offer free shipping and tell customers they are better off. 2. 2 weeks later... eliminate free shipping w/o telling anyone... 3. amazon raised shipping rates. My opinion is Amazon was trying to boost revenue at the end of the quarter. I know they deny that but... Bear Sterns was pretty funny today. Gives a trading call on Amazon because they expect them to only lose 20 cents (fake number regardless) and (here is the best part) show and upside revenue number of $700 million. However, as of last fall Bear Sterns had projected Amazon to have revenue of last quarter of $790 million. Then they lowered their estimates based on management guidance to $670 million. I can't verify the $790 million from last fall because that report cannot be found by me. Still the best part is Amazon will likely do $70 million less than what Bear Sterns expected them to do six months ago but that is a upside surprise.

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