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To: j g cordes who wrote (26231)7/22/1998 5:35:00 PM
From: P.Prazeres  Read Replies (1) | Respond to of 95453
 
OT .. about AMZN conference call...

AMZN is saying that it is "impossible" to sustain the historical growth in revenues going forward. It is impossible to extrapolate the revenue growth for future estimates.

Their music members grew tremendously in June, but they don't expect to see that explosive trend going forward. They DO expect to loose market share to the likes of barnesandnoble.com, etc.

Anyone wanna bet that its gonna be very ugly for AMZN and other internet stocks tomorrow.

Paulo