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To: Bill Harmond who wrote (12408)8/3/1998 2:10:00 AM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
Let's look at what you posted:

<Strange. Montgomery increases 1998 second half revenue estimates by $23.8 million, and calendar 1999 revenue estimates by $44.8 million.>

That's a 7 million qtr-to-qtr increase in sales which works out to about 6%. Well, what happened to the 33% qtr-to-qtr growth of last quarter and the 60%+ growth rates of just a few quarters ago? Guess what William, they are slowing down dramatically despite huge expenditures on advertising and widespread free press gained from the stock speculation. The bubble of growth is already busting. Soon the inflated stock price will as well.



To: Bill Harmond who wrote (12408)8/3/1998 8:26:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Strange. Montgomery increases 1998 second half revenue estimates by $23.8 million, and
calendar 1999 revenue estimates by $44.8 million.

Montgomery now estimates Q3 revenue at $123.2 million up sequentially from $116
million in Q2.

William,

Who would likely have a better handle on the business? Management at Amazon or Montgomery?

Glenn


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