Amazon.com, eBay post blazing growth

Article Abstract:

Amazon.com and eBay Inc. keep on pleasing investors and analysts with their growth. Volatility doesn't seem to stop anybody, as long as it's Internet-related. Growth for eBay has been in registered users and goods up for auction. Amazon had a stellar fourth quarter, still without profit, just smaller losses. The book, music and video seller plans to keep on investing heavily in order to gain market share.

Comment:

There will be a 3-for-1 stock split

On-Line Information Services, Videotex & Teletext, Telegraph & other communications, Computer industry, Internet, Electronic commerce, E-commerce, eBay Inc.

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Amazon.com sales more than triple, boosting online bookseller's shares

Article Abstract:

Amazon.com had its best holiday season ever, a record $6 million worth of shipments in one day, more than tripled sales in the fourth quarter, but still is not turning a profit. The online bookseller that added videos and music to its merchandise line is four years old but investing heavily in marketing and customer service. Sales for the quarter came to $250 million.

Comment:

Record fourth quarter sales still leaves bottom line in red ink

Mail Order Houses, Electronic Shopping and Mail-Order Houses, Catalog and mail-order houses, Online services, Mail order business, Booksellers, Bookstores, AMZN

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