Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gary Korn who wrote (3475)	4/27/1998 6:41:00 PM
From: William T. Katz	Read Replies (1) of 164684

I, for one, am glad I'm not shorting Amazon right now. Thought they would release the earnings after bell tommorrow but it's possible they moved it up because they feel the report is good. Revenue $87.4 million is very good but not jaw-breaking for the shorts. Anything over $100 million would have created a full-blown squeeze IMHO, but a 32% revenue increase from the xmas quarter shows the internet pull is doing the growing and not just xmas-related buying. Increase in subscribers was impressive, but who knows how many of those subscribers are "loyal." Purchase of 3 internet companies was very smart because it lets AMZN convert their high share price into more real assets. I'd imagine they continue to snap up strategic companies. Will be very interesting to see what the street thinks, esp. with the backdrop of this kind of general negative market sentiment. -Bill

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next