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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.35+0.4%Jan 9 9:30 AM EST

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To: Platter who wrote (32536)1/5/1999 10:22:00 AM
From: Rob S.  Read Replies (3) of 164684
 
Only 250 million in sales for the glory Internet Christmas quarter and no improvement in losses - this is far worse than I suspected for the quarter. What happened about sales of all those new products that were supposed to lift gross margins and reduce losses? "Add more products = lose more money."

A friend who's son works at the Amazongonenutty.com said that sales would hit 450 million this quarter. I thought it possible that they would hit $400 million. I'm glad I didn't buy this pig. Once again the Amazing one astounds investors with the ability to under perform their expectations (based on the stock price).

Longs, the party is over.
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