Jonathan Bulkeley, Barnesandnoble.com CEO (BNBN, AMZN)
From: Rhyder
Date: 28 Oct 1999
Time: 11:21:59
Remote Name: 209.224.198.11
Comments
Jonathan Bulkeley, Barnesandnoble.com CEO (BNBN, AMZN)
BNBN
Shares up 0.25
Reported a loss of 15c/share vs. expected loss of 23c/share
Revenue up 215% to $49m
Net loss of $21.9m vs. a loss of $18.6m
Sells books, magazines, videos, and music online, with over 750,000 titles in stock
Bn.com features discounts, book summaries, author biographies, e-books and readers, and online author chats
Serves over 175 countries
Total customers: 2.9m
Repeat customer orders up 63%
First time customers: 581,000
Launched its Prints and Posters Gallery and an e-greeting card service on October 26
Ranked by Media Matrix as the world's 4th largest e-commerce site in September
AMZN has filed suit against the company, accusing it of illegally copying its patented checkout system
More on this story: cnetinvestor.com
Analyst views on AMZN: 209.75.214.115
Have been very efficient in their marketing
Don't think there will be any decrease moving forward
Can balance lower margin products with higher margin products and continue to grow
Focused on information, education, and entertainment products, closely linked with their core business of books and music
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