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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (67457)7/13/1999 2:13:00 PM
From: Tradegod  Respond to of 164684
 
It just doesn't seem fair that a company worried about profits should have to compete with one that doesn't! :)

Analysts realize that competition is in the wings as well. After lowering eBay's revenue estimates for the second quarter to
$37 million from $41 million, Deutsche Banc Alex. Brown analyst Shaun Andrikopoulos said in a research report released
last week that eBay will likely need to spend more aggressively on sales and marketing to be competitive with Amazon.com.
Andrikopoulos estimated that Amazon will spend about $90 million in 1999 on auction advertising and promotions,
compared with eBay's $65 million.