Over the past two months, we have lost some confidence in the company's ability to generate the growth necessary to meet our estimates.
More Quotes from Tom Courtney:
It's fairly niche-y, it's not going to be a broad based business model that can succeed in a lot of different categories.Tom Courtney
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,
Tom Courtney
The one thing it said was under no circumstance would any government agency be allowed to keep the fingerprints on file,
Tom Courtney
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.
Tom Courtney
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,
Tom Courtney
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