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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (1407)	4/28/1999 10:34:00 PM
From: Mad2	Read Replies (4) \| Respond to of 3543

If you haven't read AMZN's 1Q release you should. What a piece of work biz.yahoo.com It is approaching the absurd. Heres a smattering >She said quarterly pro forma operating losses later this year likely would be at least 2.5 times the $30.6 million level reported in the first quarter. She also said revenue growth would slow in the current quarter from historic levels in part because the company will not have the benefit of significant new business like videos and music that have been boosting revenues. The company's new online auction feature likely will have a minimal effect on net revenues, she said. Chief Executive Officer Jeff Bezos said such results are consistent with the company's strategy of investing heavily for the foreseeable future to build a virtual store where consumers can find ''anything they want to buy online.''<