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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: Glenn D. Rudolph who wrote (116349)	1/29/2001 4:48:16 PM
From: Alomex	Read Replies (1) of 164684

Microsoft owned Expedia.com did not have to follow the market wims of "first mover advantage" and "land grab" which were demanded from many other dot.coms, whether they wanted or not. This validates this point: biz.yahoo.com Expedia Q2 loss much smaller than forecasts BELLEVUE, Wash., Jan 29 (Reuters) - Expedia Inc. (NasdaqNM:EXPE - news) on Monday posted a quarterly loss that was much smaller than Wall Street forecasts as the online travel service boosted sales by 81 percent. The company, which is majority owned by software giant Microsoft Corp. (NasdaqNM:MSFT - news), said it lost $2.6 million or 6 cents per share, excluding certain unusual charges, compared with a loss of $10.3 million or 26 cents per share a year earlier. Expedia was expected to lose 15 cents a share, according to First Call/Thomson Financial, which tracks the forecasts of Wall Street analysts. Sales for Expedia's second quarter ended Dec. 31, rose to $80 million from $44 million in the year-ago quarter.

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