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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: Glenn D. Rudolph who wrote (32719)1/5/1999 7:25:00 PM
From: Alan Newman  Read Replies (3) of 164684
 
I really believe this quote from their press release is misleading:
"Based on fourth quarter sales, Amazon.com has achieved a $1 billion annualized sales level three and one-half years after opening for business."

I don't think it is reasonable to extrapolate the rest of the year from the seasonally strong 4th quarter!

I don't think this is an ethical statement for a public company to make.

JMO.
Alan
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