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


To: Crystal ball who wrote (89956)1/6/2000 10:52:00 AM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
>NEW YORK, Jan 6 (Reuters) - Barnesandnoble.com <BNBN.O>, the online arm of the largest U.S. bookseller, said on Thursday its fourth-quarter sales tripled to $81.5 million, beating analysts' estimates.

"We made significant investments in distribution, warehouse processing and technology, which resulted in the tripling of our sales for the important fourth quarter, exceeding analysts' estimates," said Marie Toulantis, chief financial officer of barnesandnoble.com.

Analysts' estimates for the quarter ranged between $68 million and $73 million. In the fourth quarter of 1998 the company's sales were $25.9 million

"Despite these investments, our operating loss is not expected to exceed consensus estimates, and in fact, as a percentage of sales, the loss will decline for this period," she said.

Full-year sales totaled $200 million, compared with analysts' estimates of $188 million to $193 million and last year's sales of $61.8 million.

Ninety percent of the company's sales were books, Chief Executive Jonathan Bulkeley said in a statement. "We expect to see sales in our related stores such as music, prints and posters, and (electronic greeting cards) to become a more important component of our business in the year 2000, and the years ahead," he added.

Archrival Amazon.com Inc. <AMZN.O> said on Wednesday that while its fourth-quarter sales jumped over 150 percent from the year-earlier period, it warned its losses for the quarter would not be trimmed.

Barnesandnoble.com shares were up 2 to 16-3/16 in early Nasdaq trading. Amazon.com shares were up 1-1/4 to 71, after falling 12-3/16 on Wednesday.



To: Crystal ball who wrote (89956)1/6/2000 10:58:00 AM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
>They have the Bertlesmann (Germany/European Common Market domination) connection.
>
Frankfurt, Jan. 5 (Bloomberg) -- Amazon.com Inc.'s German site, which didn't release figures, led a holiday boom for the country's online booksellers, followed by newly listed Buecher.de AG, which booked about 5,000 items a day, a fivefold increase from a year earlier, and Bertelsmann AG's bol.de, which saw daily sales double to 4,000 books and compact discs a day in December from October, the German daily Die Welt reported, citing the companies. In October and November combined, Buecher.de posted sales of 3.6 million deutsche marks ($1.9 million), easily outpacing 1998's fourth-quarter sales of 1.5 million marks. Buch.de AG posted up to 1,000 book sales a day in December and Chief Executive Karsten Tiemann said the company will meet its full-year sales goal of 4.5 million marks, the paper reported.

Amazon.com, eBay Inc. and eToys Inc. drew the most Internet shoppers this holiday season, boosting their number of visitors by about half and pointing to better-than-expected sales, analysts said.

(Die Welt 1/5 p.14 or, to visit the paper's Web site, type DWLT <Go>.)

Jan/05/2000 9:39



To: Crystal ball who wrote (89956)1/6/2000 8:38:00 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
Forget the superbowl- look at radio broadcasters. their stocks have been going bezerk, partly from all the .com co's desparately buying up all the ad time they can.