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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST
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To: Mark Fowler who wrote (6941)6/21/1998 12:32:00 PM
From: Glenn D. Rudolph  Read Replies (2) of 164684
 
From Businessweek:

"
Now, after years of rapid expansion, Barnes & Noble is also beginning to rack
up some solid profits. After going public in 1993, the stock languished for
three years because of low margins and erratic earnings. But with the pace of
expansion slowing and the benefits of a new distribution center kicking in,
Barnes & Noble for the first time posted four consecutive quarters of
operating earnings last year. For the fiscal year ended in January, it earned
$147 million on operations, up from $120 million the year before. That
success sent the stock soaring from $13.50 in late 1996 to a recent $35."

Glenn
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