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


To: H James Morris who wrote (38315)2/5/1999 7:38:00 PM
From: Doug Fowler  Read Replies (2) | Respond to of 164684
 
James, I am very good at forecasting eBay sales, but awful at picking the stock price on it.

eBay is on track to do $32M in sales this quarter (I'm sure the analysts are setting a much lower mark.)

The sequential growth rate will be higher than it was for last quarter, and I think that is going to catch a lot of people off guard. Amazon won't grow that fast.

I wouldn't be one bit surprised to see eBay exceed $200M in revenues this year, which again is much more than the analysts are forecasting.

I can see eBay getting to 10 times their current sales in a few years, but how quickly can they grow after that?