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


To: Glenn D. Rudolph who wrote (92867)2/3/2000 1:07:00 AM
From: dbblg  Read Replies (2) | Respond to of 164684
 
>>My wife and myself are both customers neither
have us have ordered since 1997 and never will again.

Glenn,

I haven't listened to the call yet (two of my un/underfollowed smallcaps report tomorrow; next time I whine about sellsiders I should remind myself how much easier it is to start with other people's templates!) but the notes I have suggest that AMZN reported 14 million active customers (I assume that's over the course of the year) with average expenditure of $115, up from $106 last year. (Someone please correct me if that's inaccurate.) While some of the "active" customers may never return for whatever reason (death, poverty, a realization that they only have so much shelf space) that's true of all customer numbers for all retailers.

You've almost goaded me into defending Bezos et al, so I am going to quit reading this thread and get back to work!!

Best of luck,

Ganesh

P.S. BarnesandNoble.com, which is where I shop and which pretty much matches AMZN's prices, only managed around a fourth of AMZN's booksales. "Selling a dollar for eighty cents", as AMZN bears like to put it, appears to be harder than initially anticipated...



To: Glenn D. Rudolph who wrote (92867)2/3/2000 2:41:00 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
You got it.
Most people will not bother to go back and close their account.