Tom Courtney Quotations

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.

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.

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.

Over the past two months, we have lost some confidence in the company's ability to generate the growth necessary to meet our estimates.

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.

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!

She's not the first very strong executive to leave a dot.com that's had its stock go down.

I think this company will do a better job of inventory management as these businesses mature, ... Remember, they've only been in some of them for six months or so.

The one thing it said was under no circumstance would any government agency be allowed to keep the fingerprints on file,

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.