Scott Devitt
Scott Devitt
average books books-and-reading buying climb consumers expensive jewelry price selling start
Consumers start out with books and as they become more comfortable buying on the Internet, they climb the average selling price ladder. Before you know it, they?re buying expensive jewelry on the Internet.
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.
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.
products seeing
Right now we're seeing the costs. We don't know what the new products will be.
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.
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 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?
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 current levels per
We would be opportunistic at current levels and would become aggressive buyers around $30 per share, all else being equal.
decision front investment tough
It's tough to make an investment decision in front of litigation.
The numbers, honestly, are at times unfathomable for us.
ebay fact forward good guidance lower miss moderately possible raised street wall
Ebay put out good numbers. Wall Street had already priced in a possible miss or even lower guidance going forward but that did not happen. Ebay in fact moderately raised expectations. So that's a good thing.
china compete ebay fighting fights-and-fighting invest market players
Ebay is really fighting for China but there are two entrenched players there already. So eBay had to invest more in China to compete more aggressively for market share.