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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: Wizard who wrote (59195)5/30/1999 7:19:00 AM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
Then her argument about growth in books going from 825% in 1997 to an estimated
90% in 1999... I guess she doesn't understand the role of setting beatable forecasts.


Wizard,

The growth in core book sales as a percentage is slowing. That statement was not incorrect. In fact, most of the facts in the article are correct. I am not sure how that correlates to the AMZN stock price.

The other issue which William Harmond has pointed out some time ago specifically when we discussed cumulative customer numbers, is the performa number that Amazon uses is being done with all the Inets so the analysts are consistant in reporting the Inets.

This becomes another issue of free publicity for Amazon.

Glenn
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