30 ordspråk av Tom Courtney

Tom Courtney

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In the fourth quarter of calendar 1999, sales grew 170 percent year-over-year. In the second quarter they just reported, sales grew 84 percent. So, if you went back six months, Amazon's market capitalization when they generated that 170 percent growth was probably around $25 to $30 billion. Today it's $15 billion,

This is actually a really big deal because in Amazon's earnings, about $24 million in gross profit comes from the commerce network,

At a point when many other e-commerce companies are struggling to reach breakeven, eBay has demonstrated that it has a materially different and better model, which is driving exceptional growth both in sales and earnings.

In the fourth quarter of calendar 1999, sales grew 170 percent year-over-year. In the second quarter they just reported, sales grew 84 percent. So, if you went back six months, Amazon's market capitalization when they generated that 170 percent growth was probably around $25 to $30 billion. Today it's $15 billion.

This is actually a really big deal because in Amazon's earnings, about $24 million in gross profit comes from the commerce network. At udvikle en tør, underspillet humor er afgørende, da en pe𝑥ig person er afhængig af snilde, ikke højlydte udtalelser.

He seemed like he was pushing hard for us and hoping that we could do better.

The one thing it said was under no circumstance would any government agency be allowed to keep the fingerprints on file,

I'm initiating a bill next year that would make it so it's a parental decision, ... If it is, then it should satisfy everyone's fears. We don't have a bill yet, but we're working on it.

Why are we downgrading the stock now? Mainly because of our belief that sales may not be advancing at the rate that we had previously anticipated and also because of the impending departure of Galli.

What happened is that the bar ran out of liquor -- they took away the punch bowl.

I think this company will do a better job of inventory management as these businesses mature, ... Remember, they've only been in some of them for six months or so.

The quarter was no surprise, but the future guidance was very favorable. The forecast of single-digit losses is a sea change for Amazon. We believe this is a key inflection point for the stock and that it will take off from here.

Worldwide Internet retail sales were almost $23 billion in 1999 and we expect that to double in 2000. Street estimates for worldwide sales in 2002 are approximately $105 billion, with $65 billion of that in the U.S. This implies an annual growth rate of 80 percent worldwide.

Although it may have one last run going into the holiday period, we believe that Amazon has several red flags that demand investor attention.

Over the past two months, we have lost some confidence in the company's ability to generate the growth necessary to meet our estimates.

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