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

To: Bill Harmond who wrote (68882)	7/22/1999 1:01:00 PM
From: McNabb Brothers	Read Replies (2) \| Respond to of 164684

Thanks, I'm going to Branson for sure now, see you next Monday, for I do not do business when the family and I are together! Hank

To: Bill Harmond who wrote (68882)	7/22/1999 4:08:00 PM
From: Bilow	Read Replies (1) \| Respond to of 164684

Hi William Harmond; Regarding the sequential revenue slowness being due to no new categories. It seems to me that we should be looking for growth within each category, similar to how bricks and mortar stores compute "same store sales." When AMZN grows into new categories by buying other companies, it costs the company shares or cash. So revenues brought in that way are kind of expensive. The book business grew rapidly for a long time, without any need to offer new categories. If that high growth rate is gone, never to return, the company is in big trouble, as it will never get its sales up to the level where they can begin to make a profit. -- Carl

To: Bill Harmond who wrote (68882)	7/22/1999 6:08:00 PM
From: Tom D	Read Replies (3) \| Respond to of 164684

William, don't you think "same store" sales are dropping? Comparing 99Q2 to 99Q1, for any established category, (Such as U.S. books), isn't it true that comparable sales must be dropping? Otherwise, how to explain growing sales in Europe, relatively new categories starting to get established, but overall flat growth Q2 to Q1? Unless the Christmas holiday effect carries over into Q1, artificially elevating Q1. What do you think? Tom Thanks for the link to the conference call. I am holding, but a little worried.

To: Bill Harmond who wrote (68882)	7/22/1999 8:27:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

I'm not concerned by the sequential revenue slowness, because comparisons were difficult based on no new categories. Whenever a category is launched it causes a pop in growth. Q2 didn't benefit from toys and electronics. William, Let's keep in mind that almost all the gift certificates purchased in Q4 98 were booked as sales in Q1 of 99. So sequential growth in Q2 99 from Q1 of 99 is a bit more difficult. Glenn