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


To: James Lough who wrote (640)10/28/1999 5:12:00 PM
From: $Mogul  Read Replies (1) | Respond to of 766
 
Jonathan Bulkeley, Barnesandnoble.com CEO (BNBN, AMZN)

From: Rhyder
Date: 28 Oct 1999
Time: 11:21:59
Remote Name: 209.224.198.11

Comments

Jonathan Bulkeley, Barnesandnoble.com CEO (BNBN, AMZN)

BNBN

Shares up 0.25

Reported a loss of 15c/share vs. expected loss of 23c/share

Revenue up 215% to $49m

Net loss of $21.9m vs. a loss of $18.6m

Sells books, magazines, videos, and music online, with over 750,000 titles in stock

Bn.com features discounts, book summaries, author biographies, e-books and readers, and online author chats

Serves over 175 countries

Total customers: 2.9m

Repeat customer orders up 63%

First time customers: 581,000

Launched its Prints and Posters Gallery and an e-greeting card service on October 26

Ranked by Media Matrix as the world's 4th largest e-commerce site in September

AMZN has filed suit against the company, accusing it of illegally copying its patented checkout system

More on this story: cnetinvestor.com

Analyst views on AMZN: 209.75.214.115

Have been very efficient in their marketing

Don't think there will be any decrease moving forward

Can balance lower margin products with higher margin products and continue to grow

Focused on information, education, and entertainment products, closely linked with their core business of books and music