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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: Bill Harmond who wrote (52574)4/25/1999 8:10:00 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 

So far they're doing pretty well. Near $1 billion run rate from $30 million inventory.


William,

Please understand that number is greatly distorted. The inventory dollar amount was right after the holiday season. A retailer's inventory better be lowest after the holiday season. Also, a retailer better have their best revenues during the holiday season. Let's look and compare inventory to gross sales for Q1 of 99. I believe the distortion will clear. Very very clear.

Glenn
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