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

To: tonyt who wrote (53764)	4/29/1999 10:35:00 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

tony, grow up. I don't get emotional about stocks. This is the kind of info I recall about the auction biz for amazon. It says when the auction business was launched, it lured new customers, therefore the estimate was raised. But that is not the point anyway, they are increasing their revenue with auctions however you slice it. Your initial string of 15 posts with "concern" about how amazon was going to come in with lower revs next qtr than this one, did they stuff the channel etc was just a bunch of crap. You don't accuse a management team of stuffing a channel unless you yourself know how to read a financial statement. To: +tonyt (53589 ) From: +Glenn D. Rudolph Wednesday, Apr 28 1999 10:13PM ET Reply # of 53857 Amazon.com – 27 April 1999 2 n Revenue When Amazon.com launched its auction service at the end of March, it said that its total customer base had increased to “more than 8 million.” Because we had been looking for the customer base to increase to only 7.4 million in the quarter, this prompted us to increase our revenue estimates for Q1 from $250 million to $290 million—an increase of 15% sequentially and a 230% year-over-year. We estimate that books will account for approximately $235 million, music $40 million, and videos and other $15 million (although we doubt that Amazon.com will break this out).