 |
User: Login |
Weblog covering digital business
Digital Business, Live From New York. |
| Address URL | http://www.alleyinsider.com/ Registered: 22-Mar-2008 |
| Ads: | |
 Send to email | Short Amazon Into Wednesdays Earnings Call--AmTech in General |  By Silicon
el 21-Apr-2008 |
jeffbezos.jpg: Paste this image in your site, Myspace, Facebook, Ebay copy this code...
 AmTech's Tim Boyd thinks Amazon is priced for perfection and doesn't believe the company can deliver it. Specifically, he doesn't think Amazon can repeat the performance of the past few quarters and sail over both revenue and earnings estimates on Wed:
We expect Amazon's 1Q08 results to be In-Line....Given the material deterioration in the U.S. consumer's balance sheet YTD, we believe that AMZN is unlikely to post the kind of revenue upside to which the market has become accustomed over the last year. In addition, the fact that the Street is modeling operating income at the high end of management's guidance range leaves little chance of an upside surprise on the bottom-line.
We will also be paying close attention to how back-end loaded AMZN's full-year guidance is based on 2Q08 guidance. AMZN shares remain priced for clean Beat and Raise quarters. In our view, there is no other way to explain the valuation disconnect between AMZN and the rest of the tech sector.
Friday's rally has created an attractive opportunity to short the stock into the print. In our view, Friday's rally had nothing to do with AMZN and everything to do with the high-beta updraft created by GOOG. With that in mind, we recommend a short position into the report on Wednesday, April 23rd. Reiterate SELL.
Read 7 times
|
|
 |
| This Week in Silicon Alley (May 12-16) | | Monday, May 12
Selling Online Subscriptions Summit 2008 (through Tuesday), 8:00 a.m.-5:00 p.m.
Before the bell: Sprint (S) earnings call, 8:00 a.m., IMAX Corp (IMAX) earnings call, 8:30 a.m., Answers Corp. (ANSW) earnings call, 8:30 a.m., Charter Communications (CHTR) earnings call, 9:00 a.m.
Research in Motion (RIMM) Capital Markets D [..] Read complete article | | Published 12-May-2008 by Silicon in SSIRIXMSRCHTRHOLLVOXXSNEBTRIMMCLWRSTATSMDLKDISHIMAXGLUUSLRYHPQERTSBBITWTCANSW
Read 3 times. More hits in   |
|
| This Week In Silicon Alley (Apr. 28-May 2) | |
Monday, April 28
Anti-Counterfeiting and Brand Protection Summit (through Wednesday)
Before the bell: Verizon (VZ) earnings call, 8:30 a.m.
After the bell: Travelzoo (TZOO) earnings call, 5:00 p.m., Microchip Technology (MCHP) earnings call, 5:00 p.m., RadioShack (RSH) earnings release.
Mobile Monday NY: Social Sear [..] Read complete article | | Published 28-Apr-2008 by Silicon in
Read 2 times. More hits in |
|
| This Week in Silicon Alley (May 5-May 9) | | Monday, May 5
IAB Leadership Forum: Digital Video
Symphic Technology 5-day Workshop: SQL Server Business Intelligence with Data Mining
Before the bell: Marvel (MVL) earnings call, 9:00 a.m.
After the bell: Divx (DIVX) earnings call, 4:30 p.m., Virgin Mobile USA (VM) earnings call, 5:00 p.m., LookSmart (LOOK) earnings cal [..] Read complete article | | Published 05-May-2008 by Silicon in
Read 11 times. More hits in |
|
| Earnings Week: The Big Boys Speak | | Likely the biggest week of earnings season kicks off today: We're waiting to hear from many of the biggies, most crucially Yahoo. Here's some of the ones we'll be watching, and when they plan on delivering their news:
Monday, April 21
Midday: Gannett (GCI) earnings call, 10:00 a.m.
After the bell: Netflix (NFLX) earnings call, 5:00 p.m.
[..] Read complete article | | Published 21-Apr-2008 by Silicon in ELNKMDPBIDUEMCMNIERICMOTGCIQCOMSSPNFLXOMCTLEECNETAAPLMSFTYHOOLVLTAMZN
Read 5 times. More hits in |
|
| This Week In Silicon Alley (Apr. 21-25) | | Monday, April 21
Astia Entrepreneur Spring Program: Start-up Strategy (through Wednesday)
B2B Power Exchange for Business Developers, 8:00-10:30 p.m.
Midday: Gannett (GCI) earnings call, 10:00 a.m.
After the bell: Netflix (NFLX) earnings call, 5:00 p.m.
Lee Enterprises (LEE) earnings release
NY Web 2.0 [..] Read complete article | | Published 21-Apr-2008 by Silicon in ELNKMDPBIDUEMCMNIERICMOTGCIQCOMSSPNFLXOMCTLEECNETAAPLMSFTYHOOLVLTAMZN
Read 8 times. More hits in |
|
 | Joystiq |  Blogger | Covers video game news from an independent, unbiased perspective
Joystiq Joystiq |
| Akamai's Q1 In Line With Expectations; Raises Earnings Guidance | | Akamai had a strong Q1, and revenue and earnings came in right where the Street wanted them. The news got better during the company's earnings call: It insists it's seeing no signs of an economic slowdown and isn't having to lower prices to fight low-end competitors. It also raised earnings guidance for the year by 29% to 32%, and said revenue would come in at the mid-to-high range of previous [..] Read complete article | | Published 30-Apr-2008 by Silicon in General
Read 0 times. More hits in |
|
| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
Joystiq Joystiq |
|
Warning We are not responsible of information posted from external feeds. Use this website at your own risk.
Notice: We will not be liable for any direct or indirect loss or damage arising under this disclaimer or in connection with our website, whether arising in tort, contract, or otherwise.
|
|
| |
Hello, Guest
Online: 53 visitors
+ fotos
Filed under: Business
Midway today held its first quarter earnings conference call, which also marked interim president and CEO Matt Booty's official introduction to investors and others (like us) listening in. Graciously, inte [..] 
Filed under: Nintendo DS, PC, Sony PlayStation 2, Sony PlayStation 3, Nintendo Wii, Microsoft Xbox 360, Business
Mega-publisher Activision held its Fiscal Year 2008 earnings call yesterday. While you can listen to it [..] 
There may be something to the rumors (and Fortune report) that Research in Motion's iPhone-killer "Meteor" will be delayed from June to August, AmTech's Rob Sanderson says (RIMM) [..] 
