To: Ken Whiteside who wrote (289 ) 6/16/1999 12:58:00 PM From: Jim Berg Respond to of 766
To Ken Whiteside NOTE THE FINANCIALS AT BOTTOM ARE FROM 1997 AND SHOW THE FIRST YEAR START UP COSTS BUT THE DEBT FIGURE FROM BASELINE IS CURRENT Copy/pasted from Baseline reports debt = 0% Business Overview barnesandnoble.com, inc. is the holding company for barnesandnoble.com, llc (bn.com). bn.com is an online retailer of books, entertainment & intellectual property-based products. bn.com's suite of online stores, anchored by its online bookstore, includes stores offering software, music, magazines and video products, all integrated within its Web site located at www.bn.com. bn.com's online bookstore contains over 8 million in-print and out-of-print books, and through its relationship with Barnes & Noble, has over 750,000 in-stock book titles available for immediate shipping. bn.com has sold products to over 1.7 million customers in over 180 countries, and has distribution and co-marketing agreements with Lycos, America Online and Microsoft. Capitalization Key Ratios & Measures 5 Yr. Range Current P/E NM NM LT Debt to Total Cap 0% Price to Book NA NA Owned by Institutions 0% Price to Cash Flow NA NA Market Capitalization NA Price to Sales NA NA Avg Dly Vol (30 days) 5,449,200 Return to Equity NA BASELINE FINANCIAL REPORTS STARTUP COSTS IN 1997 The 1997 financial statement below shows the company has been around for at least since 1997 operating as its own entity. Copy / pasted Income Statement for BARNESANDNOBLE.COM INC (BNBN) Annual Income Fiscal Year Ended: 1997 Net Sales: 14,601,000 Cost of Goods: 11,752,000 Gross Profit: 2,849,000 R & D Expenditure: 5,009,000 Sales G & A: 10,817,000 Inc Bef Dep & Amort: -12,977,000 Depreciation & Amort: 2,670,000 Non-Operating Inc: Interest Expense: Income Before Tax: -15,647,000 Prov for Inc Taxes: -6,415,000 Minority Int (Inc): Invest Gains/Losses: Other Income: Net Inc Bef Ex Items: -9,232,000 Extraordinary Items: Net Income: -9,232,000 Outstanding Shares: COPYRIGHT © 1999 DISCLOSURE INCORPORATED. ALL RIGHTS RESERVED. Jim