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


To: Candle stick who wrote (3633)4/29/1998 9:33:00 AM
From: Craig Richards  Read Replies (1) | Respond to of 164684
 
Stick - you are right that the earnings part of the report wasn't strong, but the revenue part was very strong. There aren't too many businesses that can grow as fast as Amazon is growing. Wall Street is only too happy to be paying for this growth, even though it comes at a loss. Have you ever wondered why Amazon has shown such amazing growth in sales for Q198 despite all of the other booksellers on the web? It seems like you post a new link every week to a new place to buy books on the web, yet Amazon is still growing at an amazing pace. Why is this?