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To: Bill Harmond who wrote (82325)10/28/1999 6:26:00 PM
From: Mark Fowler  Respond to of 164685
 
Yeh that'll have investors roiling come april 15th! I can do without them fundies any day.
biz.yahoo.com



To: Bill Harmond who wrote (82325)10/29/1999 8:07:00 AM
From: Glenn D. Rudolph  Respond to of 164685
 
These guys are gaining:

"FOCUS-Barnesandnoble.com loss grows, sales double
(Includes CFO comments and adds details throughout)
By Barbara Etzel
NEW YORK, Oct 28 (Reuters) - Barnesandnoble.com
Inc.,<BNBN.O> the fourth largest electronic commerce site,
reported on Thursday its net loss increased in the third
quarter, but sales more than doubled.
The third-quarter net loss was $21.9 million, or 15 cents
per share, compared with a loss of $18.6 million, or 16 cents,
in the year earlier quarter. The share loss is expected to
increase in the fourth quarter as holiday advertising
expenditures double.
Yet, while barnesandnoble.com's net loss widened, its per
share loss beat the 23-cent expectation of analysts surveyed by
First Call/Thomson Financial.
Shares of the company were up 1/4 at 19-15/16 in Nasdaq
trade.
Barnesandnoble.com expects to record a fourth quarter per
share loss of about 26 or 27 cents, as it doubles holiday
advertising expenditures from the $54 million spent in the
third quarter, Marie Toulantis, chief financial officer, said
in an interview.
On Tuesday the company launched several new product lines
for the holiday shopping season. Visitors to
Barnesandnoble.com's site will be able buy posters, canvases or
electronic greeting cards, choosing from over 4,000 art works
found in books and magazines such as The New Yorker and The
Saturday Evening Post.
Competitor Amazon.com Inc. <AMZN.O>, recently increased its
product offerings, adding toys and electronics to its list of
offerings, and allowing any retailer or individual to sell
merchandise through its site, which has over 13 million
customers.
Barnesandnoble.com expects to have over 3.5 million
customers by the end of the year, a pace that the company is
happy with, said Toulantis. The company added a record 581,000
during the third quarter bringing the tally to 2.9 million on
Sept. 30 after beginning the year with 1.3 million.
The customers will have access to Barnes & Noble Inc.'s
<BKS.N> more than 750,000 in-stock titles, for which
barnesandnoble.com claims to have the largest standing
inventory of any online bookseller ready for immediate
delivery.
Repeat customer orders increased to 63 percent in the third
quarter, compared with 60 percent increase as of June 30.
Net sales for barnesandnoble.com surpassed analysts
expectations of $40 million, by rising 215 percent to $49.1
million from $15.6 million from the year-earlier quarter,
Toulantis said
The company's gross margin, which decreased to 20.6 percent
from 22.9 percent in the third quarter a year earlier, is not
expected to fall further this year, Toulantis said.

859-1860))
REUTERS
Rtr 22:32 10-28-99"



To: Bill Harmond who wrote (82325)10/29/1999 8:07:00 AM
From: Glenn D. Rudolph  Respond to of 164685
 
These guys are gaining:

"FOCUS-Barnesandnoble.com loss grows, sales double
(Includes CFO comments and adds details throughout)
By Barbara Etzel
NEW YORK, Oct 28 (Reuters) - Barnesandnoble.com
Inc.,<BNBN.O> the fourth largest electronic commerce site,
reported on Thursday its net loss increased in the third
quarter, but sales more than doubled.
The third-quarter net loss was $21.9 million, or 15 cents
per share, compared with a loss of $18.6 million, or 16 cents,
in the year earlier quarter. The share loss is expected to
increase in the fourth quarter as holiday advertising
expenditures double.
Yet, while barnesandnoble.com's net loss widened, its per
share loss beat the 23-cent expectation of analysts surveyed by
First Call/Thomson Financial.
Shares of the company were up 1/4 at 19-15/16 in Nasdaq
trade.
Barnesandnoble.com expects to record a fourth quarter per
share loss of about 26 or 27 cents, as it doubles holiday
advertising expenditures from the $54 million spent in the
third quarter, Marie Toulantis, chief financial officer, said
in an interview.
On Tuesday the company launched several new product lines
for the holiday shopping season. Visitors to
Barnesandnoble.com's site will be able buy posters, canvases or
electronic greeting cards, choosing from over 4,000 art works
found in books and magazines such as The New Yorker and The
Saturday Evening Post.
Competitor Amazon.com Inc. <AMZN.O>, recently increased its
product offerings, adding toys and electronics to its list of
offerings, and allowing any retailer or individual to sell
merchandise through its site, which has over 13 million
customers.
Barnesandnoble.com expects to have over 3.5 million
customers by the end of the year, a pace that the company is
happy with, said Toulantis. The company added a record 581,000
during the third quarter bringing the tally to 2.9 million on
Sept. 30 after beginning the year with 1.3 million.
The customers will have access to Barnes & Noble Inc.'s
<BKS.N> more than 750,000 in-stock titles, for which
barnesandnoble.com claims to have the largest standing
inventory of any online bookseller ready for immediate
delivery.
Repeat customer orders increased to 63 percent in the third
quarter, compared with 60 percent increase as of June 30.
Net sales for barnesandnoble.com surpassed analysts
expectations of $40 million, by rising 215 percent to $49.1
million from $15.6 million from the year-earlier quarter,
Toulantis said
The company's gross margin, which decreased to 20.6 percent
from 22.9 percent in the third quarter a year earlier, is not
expected to fall further this year, Toulantis said.

859-1860))
REUTERS
Rtr 22:32 10-28-99"