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

To: neverenough who wrote (43530)	3/2/1999 8:28:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Roughly flat usage trends during January following a seasonally strong December reflect Amazon's increasing presence as a true on-line shopping portal. Strong January traffic provides us with further indication that the company is on track to at least achieve our Q1 sales estimate of $260.0 million which assumes modest 2.8% sequential growth. I wonder how long Keith Benjamin has had to determine this trend in January for ecommerce. Ten years. Maybe 7 or 5. How about 3 or two. The point is that e-commerce is growing not AMZN alone. Many people received computers for the holiday season and firt went online in Jan 99. Many may visit a site but not buy. One cannot possible make an intelligent comment on a trend that has no history from which to compare. This cooment was hype plain and simple. These "simple analysts" are starting to really annoy me. They are making millions. Glenn