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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.60

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3:59 PM EST

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To: Danny who wrote (115160)	1/12/2001 1:58:13 PM
From: H James Morris	Read Replies (1) of 164684

Danny, I guess it was the deferred revenue that caused the concern. Bought Ariba this morning at 38 and change. Great timing right? >B2B company Ariba (ARBA:Nasdaq - news), which beat expectations but was hit with downgrades, was off 18.7%. The B2B company reported earnings of 5 cents a share for the quarter, besting expectations for earnings of 2 cents a share. In a commen today, ABN Amro acknowledged the quarter, but said "we are concerned with a perceived slowdown in sequential revenue growth when deferred revenue is taken into account." Sequential revenue growth (or quarter-over-quarter) increased 26%, slower than in previous quarters.

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