scott devitt

The stock had gotten a little ahead of itself.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

Consumers start out with books and as they become more comfortable buying on the Internet, they climb the average selling price ladder. Before you know it, theyre buying expensive jewelry on the Internet.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

We found Amazon results to be mixed and we believe the shares could be weak through the springsummer months.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

The search engines have been working on book-copying strategies themselves. This is Amazon showing people it too has a pretty compelling database of book text.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

eBay is a company that understands network effects better than any other, ... Its core business, as well as (online payment system) Pay Pal, have been created and have succeeded by this network effect as more users come in, the marketplace grows in value.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

Amazon is really getting hit from both sides. The business environment, especially in the United States, is very, very competitive.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

The international business is really the growth story for eBay, especially as the U.S. market matures. However, there was a significant material decline in revenues overseas in the fourth quarter.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

This new contract for five years is a positive indication that the GDS business, while mature, is taking positive steps to ensure its longevity. We view the deal positively and believe that other carriers may follow suit.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

Ebay is really fighting for China but there are two entrenched players there already. So eBay had to invest more in China to compete more aggressively for market share.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

I wouldn't read a lot into it. They're being conservative. Their comments imply to me that their numbers are low.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

It's tough to make an investment decision in front of litigation.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

Ebay put out good numbers. Wall Street had already priced in a possible miss or even lower guidance going forward but that did not happen. Ebay in fact moderately raised expectations. So that's a good thing.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

In our opinion, it's not time to become a holder yet, but certainly the shares are more attractive in the mid-300s than the mid-400's.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

In our opinion, it's not time to become a holder yet, but certainly the shares are more attractive in the mid-US300s than the mid-US400's.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

In our opinion, it's not time to become a holder yet, but certainly the shares are more attractive in the mid-300s than the mid-400.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

These businesses are not meant to be managed on a quarterly basis but people take quarterly results and extrapolate them to come up with a long-term value for the stocks. You have to look at them with time horizons of two or three years, not two or three months.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

The macro environment is affecting technology. You've gone from where people were overly optimistic about tech to where people are looking for change.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

That's exactly what's going on. You've had three years of tremendous post-bubble growth. Now the companies have to reinvest.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

I would expect this sell-off to continue tomorrow. It will be an interesting day in the Internet sector tomorrow. I can guarantee you that.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

Their growth rate internationally is still above 50 percent. If eBay is at 37 times forward earnings and maintaining 30 percent margins, that's a good investment at current valuations.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes

The numbers, honestly, are at times unfathomable for us.

- Scott Devitt Visit FamousQuotes.com for more inspirational quotes