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

To: Bill Holton who wrote (1341)	1/23/1998 1:00:00 AM
From: Imran	Respond to of 164684

Caught this on AOL's Motley Fool (they don't call themselves fools for nothing): Amazon.com (Nasdaq: AMZN) reported blow-out (in my mind) sales of $66.0 million for the fourth quarter, up 74% from sales of the third quarter and 680% from sales the year before. Individual customer accounts increased to 1.5 million from 940,000 in September. Repeat customers accounted for over 58% of sales. This puts 1997 sales at $147 million. Tomorrow we'll look at the numbers and the new price-to-sales valuations on the stock -- and most importantly how the sales to expenses are shaping up early on at the young company.