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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Tom D who wrote (9990)	7/10/1998 11:32:00 PM
From: umbro	Read Replies (2) of 164684

Tom, the +24% hit number is below the sales trend: Sales Sales Growth Hits Hits Growth Q2 96 2.2 (Mil.) Q3 96 4.2 90.9% Q4 96 8.4 100.0% Q1 97 16.0 90.5% Q2 97 27.9 74.4% Q3 97 37.9 35.8% Q4 97 66.1 74.4% Q1 98 87.4 32.2% 11.7 Q2 98 107.5 (EST.) 14.5 23.9% If an increase in hit rates leads directly to an increase in sales, then the sales growth is below trend, by about a factor of 2. Admittedly, 25% per quarter is still 250% per year, however the Q198 year/year growth was 500%. Anyone know if a +25% increase in quarter-to-quarter sales would be on target? By the way, if the seasonal pattern were to hold, the Q2 (the one being announced on 7/22) is supposed to be above trend (it was +70% last year). If sales grow by +25% in this quarter, then the sales would be 107.5, or +385% over last year. An impressive growth rate, but definitely indicates a slowing. I wonder if the various shopbots which seem to access the Amazon pages (and other sites) for you, count as a hit?

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