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

To: Alan Newman who wrote (32727)	1/5/1999 7:30:00 PM
From: JC Reddy	Read Replies (1) \| Respond to of 164684

A simple question I have been trying to answer: "Titanic" VHS video: Amazon.com: $19.49 Reel.com: $16.99 videoflicks.com: $16.99 Borders.com: $20.07 spree.com: $19.99 cdworld.com: $25.57 "Gorilla Game" Book: Amazon.com: $18.20 Kingbooks.com: $20.80 Spree.com: $20.80 Buybooks.com: $16.38 ComputerLiteracy: $18.20 BooksAMillion.com: $18.20 Borders.com: $18.20 Where would you buy these from? (I am actually impressed with YHOO's comparative shopping, it's real nice! AMZN is getting into it as well... I wonder who will win! I guess finally it will be Microsoft!) So much competition. Still given a valuation at 50 times revenues. Yeah, sure!

To: Alan Newman who wrote (32727)	1/5/1999 7:35:00 PM
From: llamaphlegm	Read Replies (2) \| Respond to of 164684

Really whatever respect you can have for a company that grows revenue this quickly goes flying out the window with the statement about annualizing 4th q sales (traditionally well over 50% of a retailer's annual revenue) by multiplying the amount by 4x ... as for this article <<<January 5, 1999 Amazon.com Says Its Sales Surged, But It Doesn't See a Narrower Loss An INTERACTIVE JOURNAL News Roundup Amazon.com Inc. said its sales surged to $250 million in the fourth quarter, nearly four times the level it reported a year earlier, but the online bookseller said it doesn't expect the stronger sales to translate into a stronger bottom line. The Seattle company, considered a bellwether in Internet retailing, blamed the lack of improvement at the bottom line on aggressive price cutting and the large role that music and video sales played in the quarter's overall sales tally. Those products offer slim profit margins. Higher expenses incurred on fulfillment -- the process of getting ordered products into the hands of customers -- also hampered its ability to move toward profitability. .... (llamanote -- oh, i thought thatamazon was worth more because it was expanding into these low margin products -- i'm so terribly confused -- i also thought fulfillment was not problem scale or scope -- hope those lobster sales don't get too onerous) ... Amazon said activity was hot during the holiday season -- between Nov. 17 and Dec. 31. During that time, it said it logged one million new customers, and shipped more than 7.5 million items. In terms of shipping products, Amazon said it hit a peak of $6 million on one day>>> now, for llama's best effort at william & mark logic (at least they use logic unlike the more recent bullish screamers who've joined the board) $6 mm/day even assuming no growth = 2.19 billion sales/yr = 100% growth rate assuming even a 1%/day growth rate = 226.7 billion/yr. = 22,670% growth rate screaming buy

To: Alan Newman who wrote (32727)	1/5/1999 8:37:00 PM
From: Glenn D. Rudolph	Respond to of 164684

I don't think it is reasonable to extrapolate the rest of the year from the seasonally strong 4th quarter! I don't think this is an ethical statement for a public company to make. Alan, The words Amazon and ethics in the same sentence is rediculous. Secondly, the type of business that is by far the most season is retail which is all Amazon does. If the first three quarters of my jewelry business were equivalent to quarter 4, I would be a billionaire like Bezos. AMZN has a habit of making non true statements. Covey once commented they would be profitable if they did not have marketing expenses. The problem is fulfillment which should be in operations, is in marketing. That comment was a downright lie but it sure did get a lot of press coverage. Then there is the new accounting. Glenn