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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Ron McKinnon who wrote (47890)	4/25/2003 6:44:35 AM
From: Kelvin Taylor	Read Replies (2) of 53068

its all about expectations. they loose more than expected its "good" news. wonder if Larry will be selling in the run? Shares in Amazon jumped 11.5 percent to $28 via Instinet in pre-market trade from a close of $25.12 after the Web's largest retailer reported a narrower first-quarter loss and a 28-percent jump in revenues, driven by strong international sales. Amazon reported a net loss, including stock-based compensation and other charges, of $10 million, or 3 cents per share, compared with a net loss of $23 million, or 6 cents per share, a year earlier. Revenue rose to $1.084 billion from $847 million a year earlier.

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