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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (25157)	11/17/1999 3:58:00 PM
From: Souze	Read Replies (1) \| Respond to of 43080

Good. We agree to disagree. But keep an eye on COMS. It will surprise you.

To: Jeff Jordan who wrote (25157)	11/17/1999 4:01:00 PM
From: U Up U Down	Respond to of 43080

Fatbrain.com sees Q3 above estimates SANTA CLARA, Calif., Nov 17 (Reuters) - Online bookstore Fatbrain.com Inc. said on Wednesday it expects third-quarter results to surpass above analysts' consensus estimates. Fatbrain.com said it expects revenues for the quarter, ended Oct. 31, of about $10 million, and a net loss per share of 80 to 82 cents. The company had revenues of $2.9 million and a loss of 38 cents per share in the year-ago third quarter, when it reported under its original name, Computer Literacy Inc. Fatbrain.com's common stock hit a new high on Wednesday, trading at 36-3/8 on the Nasdaq. Consensus analysts' estimates call for the company to report revenues of $9.3 million for the third quarter, a company spokeswoman said. According to First Call/Thomson Financial, analysts expect a loss of 82 cents per share. For its 1999 second quarter, the company posted revenues of $5.8 million and a loss of 52 cents per share. ''We expect another quarter of strong revenue growth, primarily driven by the addition of new business-to-business partners in our corporate Intranet bookstore and print-on-demand operations,'' Chris MacAskill, president and chief executive, said in a statement. He said the company is encouraged by reactions to its eMatter initiative. The system lets people securely publish and sell their writing online while earning royalties of at least 50 percent on each copy sold. Fatbrain.com plans to release full third-quarter results on Nov. 23. The company's stock was last at 34-15/16, up 8-5/16 from Tuesday's close, early Wednesday afternoon in Nasdaq trading.