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


To: re3 who wrote (74469)8/18/1999 3:32:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
I guess ubid was a merrill... man is that hard to believe isn't it... kudos to Blodgett for not putting ubid in his Xmas basket, eh? LOL. Ubid is for the same kid that gets the coal.



To: re3 who wrote (74469)8/18/1999 5:35:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Canada's Bid.Com escapes summer doldrums
(All figures in U.S. dollars unless otherwise indicated.)
By Susan Taylor
OTTAWA, Aug 18 (Reuters) - Shares in Internet auction house
Bid.Com International Inc. <BII.TO><BIDS.O> went on a market
tear on Wednesday, boosted by optimism that autumn will bring
shoppers back to on-line stores.
Stock in the Toronto-based company broke out of its summer
doldrums to soar as much as 31 percent on the Toronto Stock
Exchange.
The issue settled down from a high of C$8.05 during the day
to C$7.50, a gain of $1.35, or 22 percent, in heavy trade of
1.7 million shares. That compares to a high of C$33.65 this
year and a distant low of 56 Canadian cents last fall.
Bid.Com's performance mirrored that of other Internet
issues on Wednesday. Yahoo! Inc. <YHOO.O> rose $7.68 to
$146.56, Amazon.com Inc. <AMZN.O> was up $5.25 to $114.50, and
eBay Inc. <EBAY.O> gained $9.88 to $127.63, all on the Nasdaq.
The movement reflects a cyclical end-of-summer return to
favor for technology stocks, said an analyst who asked not to
be identified. Internet commerce issues are picking up steam on
expectations of back-to-school and Christmas shopping seasons.
"The sentiment in the market (is) that traffic will
increase," he said. "The next quarter's going to be probably
the busiest quarter. They're anticipating that to be quite
robust."
Another analyst, who also did not want to be identified,
said that early gains likely attracted retail investors who
work by the creed that "the trend is your friend."
"It's still on enough day traders' screens," the analyst
said. And if those traders see a small move, they help build it
into a big one with their desire to be in on trends.
The company said it did not release any news today.
Bid.Com's surge reverses a slide that accelerated after the
company reported sluggish second-quarter results on July 28.
The firm recorded a net loss of C$3.6 million on sales of C$6.3
million compared to a loss of C$4.8 million on revenue of C$5.6
million last year.
The company has said it hopes to see a "cash flow break
even" fourth quarter.
($1=$1.48 Canadian)





To: re3 who wrote (74469)8/18/1999 5:48:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Ike, What's the difference between Amzn, Bids and Bre-x?
OTTAWA, Aug 18 (Reuters) - Shares in Internet auction house Bid.Com International Inc. <BII.TO><BIDS.O> went on a market tear on Wednesday, boosted by optimism that autumn will bring shoppers back to on-line stores.

Stock in the Toronto-based company broke out of its summer doldrums to soar as much as 31 percent on the Toronto Stock Exchange.

The issue settled down from a high of C$8.05 during the day to C$7.50, a gain of $1.35, or 22 percent, in heavy trade of 1.7 million shares. That compares to a high of C$33.65 this year and a distant low of 56 Canadian cents last fall.

Bid.Com's performance mirrored that of other Internet issues on Wednesday. Yahoo! Inc. <YHOO.O> rose $7.68 to $146.56, Amazon.com Inc. <AMZN.O> was up $5.25 to $114.50, and eBay Inc. <EBAY.O> gained $9.88 to $127.63, all on the Nasdaq.

The movement reflects a cyclical end-of-summer return to favor for technology stocks, said an analyst who asked not to be identified. Internet commerce issues are picking up steam on expectations of back-to-school and Christmas shopping seasons.

"The sentiment in the market (is) that traffic will increase," he said. "The next quarter's going to be probably the busiest quarter. They're anticipating that to be quite robust."

Another analyst, who also did not want to be identified, said that early gains likely attracted retail investors who work by the creed that "the trend is your friend."

"It's still on enough day traders' screens," the analyst said. And if those traders see a small move, they help build it into a big one with their desire to be in on trends.

The company said it did not release any news today.

Bid.Com's surge reverses a slide that accelerated after the company reported sluggish second-quarter results on July 28. The firm recorded a net loss of C$3.6 million on sales of C$6.3 million compared to a loss of C$4.8 million on revenue of C$5.6 million last year.

The company has said it hopes to see a "cash flow break even" fourth quarter.

($1=$1.48 Canadian)



To: re3 who wrote (74469)8/20/1999 10:08:00 AM
From: John Donahoe  Read Replies (1) | Respond to of 164684
 
RE: ok, maybe, but you may not have lived thru the bre-x minerals scandal...the bigger the illusion - i fell for the 'bonus' routine once myself...corporations lie

What did Amazon's CEO or CFO say that was a lie?

They said to expect continued losses because of infrastructure costs, customer acquisition costs, etc.

Was that a lie?

Can you provide examples of their lies? Please be specific.