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


To: TFF who wrote (11290)7/22/1998 5:00:00 PM
From: William T. Katz  Read Replies (1) | Respond to of 164684
 
Looks like a solid report. The revenue growth continues to be impressive. At this rate, they will easily exceed $500 million for upcoming 12 months even if competition slows growth. I'd be interested in seeing what kind of impact the UK and German book sites will have in upcoming quarters.

I'm a retired short on this one but am eyeing it for possible shorting if there is another run-up. But I have to hand it to Amazon, they are executing very well. Losses are always bad, but at least they are indeed building revenue (gross income) and customers at a high clip, unlike some other e-tailers.