Amazon.com, Inc. (AMZN) Message Board

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

AMZN 217.15

-2.5%

Nov 20 3:59 PM EST

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To: TechStockMania who wrote (56966)	5/17/1999 5:07:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Regarding Bezos investing every penny of revenue, Im referring to the $293 million in revenues Amazon made during its last quarter compared to $87 million in revenue it made in 98. A 3X increase in one year. For the full story, see: There was nothing to invest. Every penny of revnue was needed just to handle operations. In particular, fulfillment costs. There were even more pennys than the revenue needed for this area alone. You pose a good question. I do know that 60% of revenues are derived from repeat customers. That's a good indication that they are not only retaining customers, but making them happy on a regular basis. We need more information to verify this statement. Glenn

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