Tom Courtney
Tom Courtney
Thomas "Tom" William Courtneyis a retired American athlete, winner of two gold medals at the 1956 Summer Olympics...
anywhere customers existing frequency model near needs numbers retention saying work
What we think the numbers are saying is that the frequency and retention of existing customers is not anywhere near where it needs to be for the model to work in our opinion.
billion bit collapse growth last market percent sales
Is it $15 billion because of the collapse of the business-to-consumer market or it is $15 billion because sales growth slowed down by 50 percent in the last two quarters? Probably, it's a little bit of both, but I think it's more of the latter.
believe change forecast future guidance key losses point quarter sea stock
The quarter was no surprise, but the future guidance was very favorable. The forecast of single-digit losses is a sea change for Amazon. We believe this is a key inflection point for the stock and that it will take off from here.
amazon bid costs executing faster growing investors keeping keeps paid progress stock street wall
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.
executive leave stock strong
She's not the first very strong executive to leave a dot.com that's had its stock go down.
fingers head run stomach tips
My head was exploding, my stomach ripping, and even the tips of my fingers ached. The only thing I could think was, "If I live, I will never run again!
bar happened liquor punch ran took
What happened is that the bar ran out of liquor -- they took away the punch bowl.
billion question sales stock worth year
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.
advancing belief departure impending mainly rate sales stock
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.
based broad business fairly model succeed
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.
almost annual billion double estimates expect growth implies internet percent rate retail sales street worldwide
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.
ability confidence generate growth lost meet necessary past
Over the past two months, we have lost some confidence in the company's ability to generate the growth necessary to meet our estimates.
although amazon believe demand flags holiday investor last red run several
Although it may have one last run going into the holiday period, we believe that Amazon has several red flags that demand investor attention.
both companies driving ebay growth point reach sales struggling
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.