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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 228.44+0.5%Dec 22 3:59 PM EST
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To: gjhinc who wrote (44006)3/4/1999 10:43:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
I wonder whether there really is a shortfall in Q1 revenue ?

Rev for 98Q4 was expected by some to be $300 M or higher. That really gave a lot of confidence to the bulls. When it came lower, analysts said those expectations had never been justified. But for 99Q1 both Mary Meeker and Henry Blodgett have repeated the company's claim for seq rev increase as proof of the company's sound plan.

When rev for 98Q4 did not materialize, price went from 200 to 140.
This time from 120 to ??
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