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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (68970)	7/22/1999 4:25:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Check the volume -- down 15% on almost 30 million shares. Four times average daily volume. This stock is damaged goods.

To: Glenn D. Rudolph who wrote (68970)	7/22/1999 4:27:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Barnesandnoble.com Sales Triple NEW YORK (AP) -- Barnesandnoble.com's second-quarter losses were smaller than expected and its sales more than tripled from a year ago, but the online retailer's business still lags significantly behind rival Amazon.com (Nasdaq:AMZN - news). The New York-based company reported today that it lost $21.95 million, or 17 cents a share, compared with a loss of $23.74 million, or 21 cents a share, a year ago. Sales were $39.07 million, up from $11.38 million in the same quarter of 1998. The company's results topped Wall Street analysts' expectations of a loss of 24 cents a share. Its stock was up 37.5 cents at $19.37 1/2 in afternoon trading on the Nasdaq Stock Market. Barnesandnoble.com's customer base rose by more than 506,000 to 2.2 million at the end of the quarter. More than 60 percent of its orders in the second quarter came from repeat customers. The company had its initial public stock offering on May 25, raising more than $486 million. Since its IPO, barnesandnoble.com has taken a number of steps to expand its business. For instance, the company has redesigned its Web site and added music to its product offerings earlier this month. Despite barnesandnoble.com's efforts, the company remains much smaller than Amazon.com. Sales at Amazon.com grew to $314.4 million in the second quarter -- up 171 percent from a year ago -- and its customer base surged to 10.7 million, up 2.3 million in the quarter. For the six months ended June 30, the company reported losses of $42.17 million, or 35 cents a share, compared with $33.23 million, or 29 cents a share, a year ago. Sales were $71.38 million, up from $20.39 million.