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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.12+1.6%3:59 PM EST

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To: OtherChap who wrote (18131)9/24/1998 4:59:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 

Amazon may very well correct this week, but it will CERTAINLY correct after it
releases quarterly numbers.


OC,

This come to a question that I posed to William. The analysts are all reasonably close in their estimates for sales for this quater. The average estimate is $130 million. That is about 11% sequential increas from last quarter. Much slower growth than in the past. I asked William how he though the market would react and he stated he had no idea. That is as good an answer as any since I have no idea. You believe that a revenue figure for Q3 98 of $130 million will make this stock fall?

Glenn
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