Tom Courtney Quotes on Sales (5 Quotes)

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,

We think they will, but the question for the stock is in the year 2005, do they do 8 billion in sales or do they do 20 billion in sales If they do 8 billion, then it isn't going to be worth as much as if they had done 20 billion.

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,

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.

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.