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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.30-1.0%Jan 30 9:30 AM EST

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To: Oeconomicus who wrote (146061)8/26/2002 1:44:46 PM
From: Alomex  Read Replies (1) of 164685
 
Glenn, is the yr-yr comparison valid? You know, "same store sales" basis.

Sorry to butt in, but no, it is not valid. Amazon was able to attract a large number of customers last X-mas, since then it has not attracted a single net new customer in the USA.

Having said that, last year AMZN saw flat sales compared to the previous quarter. If they indeed attain the $830 revenue estimate just announced that would be an increase of about 4% over the previous quarter which is quite decent.

At this rate of progress, they will never be able to repay their debts.

That looks pretty much as a given, if you mean out of general revenue. I think Amazon will issue shares and retire the debt sooner or later, at a convenient time when dilution would be minimized....
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