Scott Devitt
Scott Devitt
amazon consumer drive sign sounds value
I don't think it will drive that much traffic. Why would a consumer go to Amazon to sign up with Fidelity? It sounds interesting but why? What's the value proposition?
amazon believe found mixed results shares weak
We found Amazon results to be mixed and we believe the shares could be weak through the spring/summer months.
amazon book compelling database engines people search showing strategies
The search engines have been working on book-copying strategies themselves. This is Amazon showing people it too has a pretty compelling database of book text.
amazon both business hit united
Amazon is really getting hit from both sides. The business environment, especially in the United States, is very, very competitive.
aggressive buyers current levels per
We would be opportunistic at current levels and would become aggressive buyers around $30 per share, all else being equal.
believe carriers contract deal ensure five follow indication positive positively steps taking view
This new contract for five years is a positive indication that the GDS business, while mature, is taking positive steps to ensure its longevity. We view the deal positively and believe that other carriers may follow suit.
continue expect guarantee internet sector
I would expect this sell-off to continue tomorrow. It will be an interesting day in the Internet sector tomorrow. I can guarantee you that.
aggressive buyers entry looking lower point realistic
We are looking for an appropriate entry point and a more realistic set of expectations from investors. We would be aggressive buyers ... in the lower $US300s.
basis businesses horizons meant people results three time value
These businesses are not meant to be managed on a quarterly basis but people take quarterly results and extrapolate them to come up with a long-term value for the stocks. You have to look at them with time horizons of two or three years, not two or three months.
ahead gotten stock
The stock had gotten a little ahead of itself.
companies exactly three tremendous
That's exactly what's going on. You've had three years of tremendous post-bubble growth. Now the companies have to reinvest.
companies exactly three tremendous
That's exactly what's going on, ... You've had three years of tremendous post-bubble growth. Now the companies have to reinvest.
business decline fourth growth market material overseas
The international business is really the growth story for eBay, especially as the U.S. market matures. However, there was a significant material decline in revenues overseas in the fourth quarter.
above growth rate
Their growth rate internationally is still above 50 percent,