Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Glenn D. Rudolph who wrote (89882)	1/5/2000 7:45:00 PM
From: JayPC	Read Replies (1) \| Respond to of 164684

Hi Glenn While I agree, that the markdown will not be a one time cost, It will be a smaller markdown, as Amazon goes up the learning curve on electronics and toys. As far as projecting inventory needs, when you first opened your business, how did you do it? What if you were the first jewelry store ever? Would you stock more jewelry just in case? How would you project sales? My point is, I think its too early to fail Amazon on their inventory plan. This really is uncharted territory. They will have projection models and the projections should become more accurate over time. It's obvious that you know your stuff when it comes to retailing. You've made a good point about markdowns. I'll have to think about that a little more The "magic" right now is that Amazon is the biggest. I do agree however, what good is the magic if it doesn't make you any money? I'm willing to wait a few more years before reaching a verdict on the business plan. Regards Jay

To: Glenn D. Rudolph who wrote (89882)	1/5/2000 7:48:00 PM
From: S. M. SAIFEE	Read Replies (2) \| Respond to of 164684

You are very precise...Mark down works only in real brick and mortar business..hard to see such thing on 15" monitor. You hit it right on. That is why CNBC said no AMZN officials were available for comments.

To: Glenn D. Rudolph who wrote (89882)	1/5/2000 9:03:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Glenn, the other thing that hurt Amzn today was Mary Meeker was expecting 1bil in revenue, instead of $650mil. Did you know that Bezos,Meeker and William are together over in Arizona. I think Lizzie is there also. >Shares of leading Internet retailer Amazon.com (Nasdaq:AMZN) slipped 14.87% (down 12 3/16) to 69 3/4 and led Internet stocks lower on the day. Amazon.com (Nasdaq:AMZN) reported that its fourth-quarter sales jumped over 150% from the year-earlier period, but shares of the Internet retailer dropped as the company warned that its losses for the quarter would not be reduced despite the sales boost. While Amazon's fourth-quarter sales of over $650 million exceeded the $610 million in sales that the company posted for all of 1998, investors were disappointed to learn that the Amazon's losses would not decline as a result.