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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%3:59 PM EST

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To: H James Morris who wrote (123799)4/18/2001 7:06:27 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
After the market closed, Cambridge, Mass.-based Akamai said
it posted a normalized net loss of $52.5 million, or 53 cents a
share,


Analysts, on average, were looking for Akamai to post a net
loss of 55 cents a share, according to research firm Thomson
Financial/First Call.



James,

It is a new world. You have to know how to read these reports. Look they beat expectations and they actually did say how much they really lost<VVBG>

Have you ever seen a release from Amazon that read like this?

"- Akamai Technologies Inc.
on Wednesday reported a first-quarter operating loss
of $2.2 billion mostly due to a non-cash impairment charge as
it works to overcome slowing demand for its services that speed
the delivery of Internet Web pages."

I believe they may fold once they have lost a trillion dollars<G>

Seriously, I am staying long. Their stuff works. Just no one wants to buy it:-)
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