Tom Courtney
Tom Courtney
Thomas "Tom" William Courtneyis a retired American athlete, winner of two gold medals at the 1956 Summer Olympics...
calendar fourth grew growth market percent quarter sales second six today
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.
businesses company inventory job management months six
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.
amazon bid costs executing faster growing investors keeping keeps paid progress stock street wall
Has Wall Street paid too much for Amazon? Investors bid the stock up too much in anticipation of it growing faster than it's going to grow. But if Amazon keeps executing and making progress in keeping costs down, it can still work.
estimates help range sure unless wide
I think you're going to see a really wide range of estimates unless they help us with that, which I'm not sure they'll do.
almost annual billion double estimates expect growth implies internet percent rate retail sales street worldwide
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.