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Technology Stocks : barnesandnoble.com (BNBN) -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (411)	6/28/1999 8:59:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 766

barnesandnoble.com Business Solutions Program Awarded GSA contract. First GSA Advantage Web site contract awarded to online merchant NEW YORK--(BUSINESS WIRE)--June 28, 1999-- barnesandnoble.com (Nasdaq:BNBN - news) today announced its Business Solutions program has been awarded a five year contract with the United States General Services Administration (GSA). The business-to-government contract allows federal employees to purchase barnesandnoble.com books and other offerings from the GSA Advantage Web site. This is the first contract the GSA has signed with an online merchant. In addition to barnesandnoble.com's competitive prices, federal agencies and their employees will also benefit from further promotions available under the contract. barnesandnoble.com will handle order processing, customer service, and fulfillment. GSA annually negotiates contracts that account for $40 billion of all goods and services bought from the private sector. The barnesandnoble.com Business Solutions offer is accessible to federal employees via the GSA Advantage(TM) Web site at: gsa.gov. ....... biz.yahoo.com

To: American Spirit who wrote (411)	6/29/1999 6:33:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 766

WE need productivity improvement at BNBN,check this out---> '... Thus, even as academic economists debate whether productivity is rising by 1.75% or 2% per year, "New Era" companies--that is, those using new technologies to raise productivity--are pushing productivity through the roof. For example, Amazon.com sold $375,000 worth of books per employee in 1998, while their closest competitor, Barnes & Noble, sold just $100,000. Amazon accomplished this 275% increase in productivity in three years--an average annual increase of 55%. More broadly, the explosion of online possibilities has radically increased the value of computers even as their price has fallen. When prices fall, but value rises, by definition productivity is increasing.... Source:WSJ