Blue Nile has a great opportunity. It has created an attractive little niche in the jewelry industry and it should continue to grow so the valuation for the longer term is fairly attractive.
More Quotes from Dan Geiman:
These were pretty decent numbers overall. There was some concern over the sales numbers, but revenue also was strong for the quarter. There doesn't appear to be any letdowns here.Dan Geiman
The company is being ultra-competitive on prices and that's propelling sales.
Dan Geiman
Investors perhaps were disappointed that profits didn't beat estimates, even by just a little bit. Actually, this is the first time after eight straight quarters that Amazon didn't beat expectations.
Dan Geiman
It's just a combination of a good solid quarter and some pretty solid guidance going forward.
Dan Geiman
These are strong results for Amazon. That's for sure. After some mild disappointments in the past that wasn't the case this time around.
Dan Geiman
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