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

To: Alomex who wrote (144119)7/23/2002 4:59:52 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
"In other words, the 21% gain occurred all during the Christmas and first quarters of this year. In the quarter just ended Amazon was sales growth was flat (down 0.22% to be precise) compared to previous quarter, adjusted for seasonality.
"

This is correct. I am waiting for their conference call. They lost about $94 million but things are better???? That is a million dollars per day.



To: Alomex who wrote (144119)7/24/2002 12:03:09 AM
From: Ted The Technician  Respond to of 164684
 
>>Of course, if you dig deeper the real headline is sales dip 4.84% from consecutive quarter as compared to last year dip of 4.62%.

Sales plus deferred revenues dipped 5.6% sequentially as compared to last year's dip of 5.0%.

These numbers could indicate a slowing of sales growth. AMZN thinks that it'll take a while for the shipping discounts to kick in.


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