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

To: $Mogul who wrote (544)	7/21/1999 10:01:00 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 766

The CEO of BNBN will be on CNBC's "Today's Business" tomorrow: jetson.cnbc.com

To: $Mogul who wrote (544)	7/22/1999 8:20:00 AM
From: Mohan Marette	Read Replies (3) \| Respond to of 766

Barnesandnoble.com revenues soar,beats 'consensus' -(Way to go Jonathan) Mogul: Now if this doesn't help the stock I am going to kick somebody's ass(et).<vbg> ====================== By Sandeep Junnarkar Staff Writer, CNET News.com July 22, 1999, 4:20 a.m. PT Online bookseller Barnesandnoble.com today reported a 243 percent increase in second quarter revenues, helping the company to post a narrower-than-expected loss. The company pulled in $39.1 million in sales in its first quarter as a publicly traded company, compared to $11.4 million for the year-ago quarter. Sales for the six months ended June 30, 1999 were $71.4 million, up 250 percent over sales for the comparable period in 1998. Barnesandnoble.com posted a 17 cents per share loss compared to a net loss of 21 cents per share for the year ago quarter. A consensus of analysts polled by First Call expected the company to post a 24 cents per share net loss for the quarter. Still, hoping to peg its fortunes to other than pure financial numbers, the company said its customer accounts increased by more than 506,000 during the second quarter, to a total of over 2.2 million as of June 30, 1999. During the quarter, repeat customer orders increased to more than 60 percent of orders, Barnesandnoble.com said. "All of our key metrics exceeded expectations, illustrating the growing momentum of our business," said Barnesandnoble.com chief executive Jonathan Bulkeley in a statement. The company went public in May raising $486 million-- the largest Internet IPO at the time. Priced at 18 per share, the stock closed 27 percent higher at 22.94 on its first day on the market. Since that time, the issue has retreated strongly, falling as low as 14.25. The stock also climbed as high as 26.63 since it began trading on May 25. Yesterday, ahead of its earnings, the stock rose 2.01 percent to close at 19. Media Metrix ranked barnesandnoble.com as the fourth largest e-commerce site in the world in June. While expanding its selection to include music products, Barnesandnoble.com plans to keep to the straight and narrow, focusing on books and music. Its primary online competitor, Amazon.com has branched out into videos, software products, auctions, toys, and music. Amazon yesterday as expected posted a loss of $138 million, or 86 cents a share, compared to a loss of $22.6 million, or 15 cents, a year earlier. news.com

To: $Mogul who wrote (544)	7/22/1999 2:09:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 766

Barnesandnoble.com at ease with estimates Come on $20.00,I need twenty. =========================== NEW YORK, July 22 (Reuters) - Barnesandnoble.com Inc. Chief Financial Officer Marie Toulantis said on Thursday that she was comfortable with analysts' estimates of its results for the remainder of 1999 and next year. First Call Corp.'s consensus estimate for the online book retailer see a loss of $0.87 a share for all of 1999 and a loss of $0.77 a share in 2000. Earlier, Barnesandnoble.com reported second-quarter sales of $39.1 million and a net loss of $22 million, or $0.17 a share, compared with last year's sales of $11.4 million and a loss of $23.7 million, or $0.21. Wall Street analysts were expecting the company to report a loss of 24 cents a share for the second quarter. The company completed its initial public offering in May 1999. Barnesandnoble.com Chief Executive Jonathan Bulkeley said the company was expecting a ''real good fourth quarter.'' The company is expecting to step up advertising for the site on other Internet venues and building up its media presence outside cyberspace, Bulkeley said. The company advertised on television during the fourth quarter last year and this year's first quarter. Also, Barnesandnoble.com will use Barnes & Noble stores to promote the Internet site, Bulkeley said. Bulkeley declined to give guidance about future sales, but he said the company planned to be aggressive in adding customers, but it wanted to drive down costs of acquiring customers. Barnesandnoble.com's coffers are filled with cash to build its brand. As of June 30, the company had $360.2 million in cash and cash equivalents and $262.5 million in marketable securities and no debt.