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Technology Stocks : Roaring Internet Stocks
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: Mr Metals who wrote (697)1/3/1999 10:09:00 PM
From: ilh1   of 1530
 
$$$$$ POSSIBLE REVENUE SURPRISE AT AMAZON?

There is speculation that Amazon.com's (AMZN) sales in the current
quarter may be double what was predicted by some analysts.
Expectations are now being raised by some analysts that the fourth
quarter may well produce as much as $360 million in sales, MSNBC
reported. Credit Suisse First Boston's Lise Buyer has gone on record
saying her estimate of sales of $198 million was too low. "Given what
an immense online shopping season this has been," she said, "it's not
impossible that the estimates could be low by 50 percent." Amazon.com
didn't comment on the sales figures, but its spokesman told MSNBC,
"Between Nov. 17 and Christmas Eve, we shipped enough books, CDs and
videos that if you stood them up on a shelf, the shelf would stretch
101 miles."
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