Forum Archive Index - November 2000

["hugh webber" <hugh.webber@clear.net.nz>]

how did sales at Amazon.com go?

----------
> From: Wedde, John <john.wedde@cit.ac.nz>
> To: 'Sharechat@sharechat.co.nz'
> Subject: [sharechat] FW: US Thanksgiving sales were hot
> Date: Monday, 27 November 2000 10:49
> 
> I know that one fine day does not a summer make but check out this report
> from the USA.
> All you cynics note the mention of Yahoo. Etail will see its day. Make no
> mistake about this!!
> 
> 
> 
> The US shopping season gets underway at Thanksgiving.  This data is
closely
> analysed as it is the 8th largest shopping day of the year.  All
indications
> are that shopping was brisk and above expectations; sales value up 4.6%
on
> last year (expectations were for a 4% rise).  However, price incentive
were
> seen to be required to draw crowds.  It is estimated that 67 million
people
> headed to shopping malls.
> 
> Wal-Mart had its best day ever, sales at Yahoo (for those that could not
> stand the crowds) doubled last years. Visa processed 3032 transactions
per
> second (10,915200 in the hour) in the peak shopping hour of 2pm to 3pm,
13%
> higher than last year.
> 
> So, the US consumer has not given up yet but is not as aggressive as
he/she
> was last year when sales were 6.2% higher than the previous year.
> 
> This data should support US equity prices, particularly those of
retailers
> and Etailers.
> 
> 
> ######################################################################
> This e-mail message has been scanned and cleared by MailMarshal 
> 
> ######################################################################
> 
>
----------------------------------------------------------------------------

> http://www.sharechat.co.nz/          New Zealand's home for market
investors
> http://www.netbroker.co.nz/        Trade on Credit, Low Brokerage. Join
now.
>
----------------------------------------------------------------------------

> To remove yourself from this list, please use the form at
> http://www.sharechat.co.nz/forum.shtml.


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
http://www.netbroker.co.nz/        Trade on Credit, Low Brokerage. Join now.
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.