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


To: Glenn D. Rudolph who wrote (96715)3/17/2000 10:08:00 AM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
Glenn, I have absolutely no interest in Amzn other than the fact I might be selling them our software.
At at least they're looking at it.



To: Glenn D. Rudolph who wrote (96715)3/17/2000 2:06:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>
CHICAGO, March 17 (Reuters) - George K. Baum analyst Dean Ramos on Friday lowered his earnings per share estimates for online retailer Amazon.com Inc. <AMZN.O> to reflect interest expense on the company's Euro denominated notes.

The analyst lowered his fiscal 1999 earnings per share estimate to a loss of $1.29 a share from a loss of $1.25 a share and lowered fiscal 2000 EPS to a loss of $0.85 from a loss of $0.81, according to a research note.

Amazon.com recently completed an offering of E690 million Euro Denominated Convertible Subordinated Notes due 2010. Interest on the notes is 6-7/8 percent and the conversion price is E104.947, the firm said.

"We believe that the proceeds from these notes will primarily be used to provide financial capacity for potential acquisitions," Ramos wrote. "Our revised estimates reflect a net additional expense of approximately $4 million per quarter, due to higher interest payable on the notes offset somewhat by interest income on unused portions of cash from the offering."

Ramos maintains his neutral rating on Amazon.com.

Shares of Amazon.com were off 9/16 at 65-11/16 in trade on Nasdaq.

13:12 03-17-00



To: Glenn D. Rudolph who wrote (96715)3/17/2000 6:33:00 PM
From: Greater Fool  Respond to of 164684
 
by Frank Barnako CBS MarketWatch
(http://cbs.marketwatch.com/news/newsroom.htx?dist=ibeat)

** Diamonds are an e-buyer's best friend

Online sales of jewelry and furniture were stronger in February even as traditionally strong categories for e-commerce were flat, according to the second monthly index of online activity from the National Retail Federation and Forrester Research (FORR).
"Valentine's Day was a big reason why consumers spent over $17 million more in February on jewelry than in January," said David M. Cooperstein, research director at Forrester. "The increase was also due to the success of aggressive marketing campaigns from high-end jewelers." The NRF/Forrester Index indicates that online furniture sales grew from $22 million in January to $38 million in
February. Furniture got a boost from online stores that started advertising their presence. Spending in traditional online categories, including books, music, and software, experienced a calm. Combined sales in these three categories fell from $554.1 million to $420.9 million.