Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: pat pasquale who wrote (33295)	1/8/1999 2:46:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Not recently. Bezos made comments that were reported several weeks ago that Christmas sales were running about 4X over last year. So to report sales are up 2.5-3X now is actually a lowering from the earlier levels. But very few investors were aware of the earlier number and 3X sales looks pretty good. The e-tail market reportedly grew by 240% last quarter. So Amazon is at least keeping pace with overall growth rates up to this point. However, considering that Amazon is selling precisely the kinds of things that are most attractive for Christmas gift giving, books and music, and many other e-tail categories are not quite as influenced by seasonal sales factors, you should expect better sales growth compared to overall Internet e-commerce sales. This seasonal influence will result in a lower growth rate in subsequent quarters relative to overall market growth rates. Amazon did great but so did the market. And they did great at the cost of lower margins.