Amazon.com, Inc. (AMZN) Message Board

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

AMZN 234.36

+0.2%

3:59 PM EST

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To: Rob S. who wrote (23489)	10/28/1998 8:33:00 PM
From: Ken Holbert, Jr.	Read Replies (1) of 164684

I don't understand this better than expected results. According to Yahoo the losses were -.90 per share. biz.yahoo.com SEATTLE (AP) -- Online book and music seller Amazon.com Inc. (Nasdaq:AMZN - news) lost more than four times as much money in the third quarter than it did a year earlier -- but its sales and number of registered customers also quadrupled. The high-flying Internet merchant on Wednesday reported a net loss of $45.2 million or 90 cents per diluted share, compared with a loss of $9.6 million or 21 cents a share in the same period a year ago. The most recent quarter includes $20.5 million of merger and acquisition-related costs. Please, someone explain to me how this is good?

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