Amazon.com, Inc. (AMZN) Message Board

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

AMZN 250.04

-1.6%

1:57 PM EST

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To: SJohnson who wrote (11287)	7/22/1998 4:59:00 PM
From: John Ke	Read Replies (1) of 164684

All the bears will try to beat this one up. However, when a company's revenues increases over 300% from the year ago quarter, I am amazed! Q1 was 446% percent higher than last year. At what point will you stop being impressed? They would have to maintain 300% for another 2 years to justify this stock price, and the trend in growth is decidedly down. This with the aquisition of three companies and music sales. As well as coming off the historically worst quarter for book retailers. Hmmm, 32.6% Q on Q growth, I'm not so impressed. John

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