Word: expect
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Dates: during 2000-2000
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...costs will drop as sales grow. The average customer is ordering more. Sales grew 84% in the second quarter. We pay $13 in marketing to acquire a customer--less than a fifth of what it costs credit-card companies. Most of our businesses are less than a year old. Expect profitability in a few years, unless some other great investment opportunity comes along. Don't get it? Don't worry. "This is not a company to try to understand on the surface," says Bezos. "It requires focus, concentration...
Suria's e-mail, however, was a mite more skeptical than Bezos makes out--definitely no "Wow"--and the analyst is just as bitingly critical of Amazon as before. "Nothing's changed," says Suria. "We still expect cash to be a problem in the first quarter. We still expect the party to be over...
...math quizzes, students should be able to show how they arrived at their answer. The tests widely used today often rely too much on multiple-choice questions, which encourage guessing rather than thinking. Also, they often ignore the importance of knowledge. Today's history tests, for example, seldom expect the student to know any history - sometimes derided as "mere facts" - but only to be able to read charts, graphs and cartoons...
...that, for the immigrant class, there isn't reason to hope - certainly the Italian, Irish and Polish newcomers of a century ago have joined the American elite to some degree, and perhaps Latinos, Asians and blacks can expect the same. Of course, the Italians, Irish and Polish looked a lot more like the elites that were already in place, and for America to be vertically colorblind, it may just take the "browning of America," by generations of inter-marriage, that Tiger Woods embodies and will occasionally talk about...
...worked, and Johnson is ready to defend an Olympic title that he won in 1996 by blowing away the 400 field. Expect a repeat, says Craig Masback, head of USA Track & Field: "If Michael's healthy, the 400's not a contested event. The only question is whether Michael feels a need to, or has an interest in, setting a record...