Martin Pyykkonen Internet Quotations

The profitability of the business hasn't been any better than it has been. It is still low margins and price-competitive. The question investors should ask is if Amazon is a retailer or an Internet stock. I would argue that it is a retailer.

Much of (Target and Wal-Mart's) revenue growth depends on the economy and other factors, just like for Amazon. At what point should it be closer to a retail stock than an Internet stock, and I'd say right now. The catalyst to get it there will be if the revenue continues to decelerate.

We haven't seen much activity on the Internet from the traditional ad agencies. They have had their head stuck in the sand,

The basic question: is this an Internet stock or a retailer?

The sentiment is tired in terms of the Internet universe.