50 Quotes by Safa Rashtchy

Investors, surprisingly, acted rationally this quarter and had low expectations.

but I think eBay and even Amazon have reached pretty high valuations that can't be supported even with their growth rate.

I don't think this was disappointing at all. It gives the stock some room to breathe and come back.

The key for Amazon is definitely top-line growth in 2002 and beyond. Expectations are not that big. Our model is for a 12 percent increase year over year. That by itself is not enough. Investors expect growth will accelerate in 2003 and beyond, and for that to happen, they need to have some new service deals.

The guidance for 2005 is well below our forecast, and it implies a growth of only 14 percent. Our forecast was for growth of about 20 percent.