You have to remember that in the Internet sector, the Internet companies' share prices have been volatile not just in the last week, but over the last couple of years. That's likely, I think, to continue.
More Quotes from Jeff Bezos:
In connection with the restructuring, Amazon said it will take a charge against earnings of more than 150 million in the first half of 2001. No company enjoys making such a decision, and it's always difficult and painful ... But it was clearly the right business decision for us as we pursue making this into a profitable company.Jeff Bezos
What I can tell you is in the first few weeks of this quarter...we are continuing to see good books unit growth,
Jeff Bezos
There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second.
Jeff Bezos
Internet company stocks in general are very volatile, and Amazon is definitely included in that,
Jeff Bezos
After all, analysts and investors alike have demanded for months that Amazon. com boost the company's value by selling more than just books and compact discs. We are interested in anything where we can revolutionize the buying experience, ... Our vision has been to build a place to find anything.
Jeff Bezos
One of the things that is most important for a company is to be very clear about their strategy, so investors get to self-select as to whether or not that's the right strategy for them. I think we've done a very good job about being clear that we're a long-term focused company,
Jeff Bezos
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