Amazon.com, Inc. (AMZN) Message Board

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

AMZN 239.30

-1.0%

Jan 30 9:30 AM EST

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To: Bill Harmond who wrote (53711)	4/29/1999 8:40:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164685

All Amazon is saying tonight is that new verticals gave a boost to the past two quarters and there's nothing right now to keep that new-business ramp going, so growth will slow some. The rest is expected swing-for-the-fences infrastructure building. William, It is not a declining percentage growth rate that is a problem. In fact, growth in revenues are wonderful. The problem is management doe not know how much expenses will increase as they expand infrastructure by the seat of their pants. That was quite clear in the conference call. I would not worry about doom and gloom at present as you stated. Amazon's stock price will do just fine after the sector corrects a bit.I just believe I am winning our long term bet. Are you willing to concede:-)

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