Jeetil Patel Quotations | Page 2

My perspective is the customer base isn't as active as they've historically been. We haven't see a whole lot besides an e-mail service.

The number is unprecedented. We've probably never seen anything like this.

Even though earnings preannouncements are behind us, we believe the stocks are set for a choppy environment in the next few months.

Educational toys and learning systems was one of the fastest growing markets of 2002 going into 2003. It's a robust market that's managed to withstand the challenging economic environment because it's not an area that consumers typically think about when they consider paring back their spending.

Uncertainty is increasing looking ahead. Our thesis on higher ad spending necessary to boost demand remains intact.

At the same time, Amazon doesn't have to do any distribution or fulfillment or even take any inventory risk. It's a nice beneficial model.

The leaders are the ones to bet on at this point, but it might be a tough summer. I think we need to see a couple of players prove to investors that this is a sector that's worth taking a look at.