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


To: CookiePuss who wrote (43939)3/4/1999 7:09:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Cookie,

Thanks. Someone said that on Yahoo there was a rumor that amzn would not meet revenue estimates. March is just starting, so there is a lot of room for surprise.

But just last week the company re-it their estimate for seq rev growth. So who are we going to believe ?



To: CookiePuss who wrote (43939)3/4/1999 7:54:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Cookie,

>> Some believe that introduction of rebate program part of previously announced increase in promotional spending. Others concerned that size of rebates suggests company desperate to boost sales in the last month of the qtr.
<<

Do you expect the corps of defending analysts to dismiss this as nothing, tomorrow, and re-it strong buy ?



To: CookiePuss who wrote (43939)3/4/1999 8:54:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
From Briefing.com:

14:23 ET Amazon.com (AMZN) 116 5/8 -6 7/8 (-6%): Concerns that online retailer may
have trouble meeting top-line estimates is dragging Internet group lower. Analysts are
currently on both sides of the fence. Some believe that introduction of rebate program
part of previously announced increase in promotional spending. Others concerned that
size of rebates suggests company desperate to boost sales in the last month of the qtr.


I posted the email sent to my wife from Amazon. They are clearly going through old inactive customers to try and drump up business. They were not even sure if her email account was still active. They are acting desperate to reach top line growth.

Glenn