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


To: Alomex who wrote (150713)12/10/2002 11:22:19 AM
From: GST  Read Replies (2) | Respond to of 164684
 
Thanks: I shorted the stock a few days ago and covered yesterday.



To: Alomex who wrote (150713)12/11/2002 10:28:52 AM
From: Alomex  Respond to of 164684
 
Their sales are currently tracking at around 20-25% more items than last year. However, most of the growth over the last few quarters seem to have been on used and secondary deals for which they only book the commission.

To follow up on that, the number of items sold went up by around 30-40% during last year's holiday season, yet net revenues went up only 14%.

This season unit sales are up about 25-35%. If we take the increase in revenues to be the same 14% we get sales for this quarter of $1.27 billion which is well below the reaffirmed guidance of $1.33-1.44 billion.