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: Alomex who wrote (150351)	11/23/2002 1:20:31 PM
From: H James Morris	Respond to of 164684

This could have something to do with why Amzn is up only +121.7% ytd. Btw If you hear Amzn is going to buyout Wal-mart (which is down -6.6% ytd), please let me know.;) <<Online Sales Post 3rd-Quarter Gain By REUTERS ASHINGTON, Nov. 22 (Reuters) — Sales at online retailers in the United States rose in the third quarter, posting their best year-over-year performance since the first quarter of 2001, the government said today. In its quarterly report on e-commerce trends, the Commerce Department said online sales increased by 7.8 percent, to $11.06 billion, from the previous quarter. Compared with the third quarter of 2001, sales jumped 34.3 percent, their largest year-over-year gain since the first three months of 2001, when sales rose 42 percent. The share of overall retail sales over the Internet remained small, at 1.3 percent in the third quarter, up from 1.2 percent in the second. That share is likely to increase, however, if online sales continue to grow at a faster pace than their brick-and-mortar counterparts. In contrast with the 7.8 percent jump in e-commerce sales in the third quarter, traditional retail sales rose only 0.3 percent.>> nytimes.com