Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Alan Newman who wrote (32727)	1/5/1999 7:35:00 PM
From: llamaphlegm	Read Replies (2) of 164684

Really whatever respect you can have for a company that grows revenue this quickly goes flying out the window with the statement about annualizing 4th q sales (traditionally well over 50% of a retailer's annual revenue) by multiplying the amount by 4x ... as for this article <<<January 5, 1999 Amazon.com Says Its Sales Surged, But It Doesn't See a Narrower Loss An INTERACTIVE JOURNAL News Roundup Amazon.com Inc. said its sales surged to $250 million in the fourth quarter, nearly four times the level it reported a year earlier, but the online bookseller said it doesn't expect the stronger sales to translate into a stronger bottom line. The Seattle company, considered a bellwether in Internet retailing, blamed the lack of improvement at the bottom line on aggressive price cutting and the large role that music and video sales played in the quarter's overall sales tally. Those products offer slim profit margins. Higher expenses incurred on fulfillment -- the process of getting ordered products into the hands of customers -- also hampered its ability to move toward profitability. .... (llamanote -- oh, i thought thatamazon was worth more because it was expanding into these low margin products -- i'm so terribly confused -- i also thought fulfillment was not problem scale or scope -- hope those lobster sales don't get too onerous) ... Amazon said activity was hot during the holiday season -- between Nov. 17 and Dec. 31. During that time, it said it logged one million new customers, and shipped more than 7.5 million items. In terms of shipping products, Amazon said it hit a peak of $6 million on one day>>> now, for llama's best effort at william & mark logic (at least they use logic unlike the more recent bullish screamers who've joined the board) $6 mm/day even assuming no growth = 2.19 billion sales/yr = 100% growth rate assuming even a 1%/day growth rate = 226.7 billion/yr. = 22,670% growth rate screaming buy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next