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

To: Ram Seetharaman who wrote (106513)	7/26/2000 4:27:23 PM
From: H James Morris	Respond to of 164684

So did San Diego based Cymi. >San Diego, July 25 (Bloomberg) -- Cymer Inc., the biggest supplier of lasers used to make semiconductors, said sales will increase as much as 50 percent next year as chipmakers continue buying tools to build smaller, faster devices. The company expects revenue to rise 45 percent to 50 percent in 2001, after growing about 60 percent this year over 1999. Officials had previously predicted a 50 percent to 60 percent increase this year and hadn't given specific targets for 2001. Cymer's excimer lasers produce light at precise wavelengths and transfer chip designs onto silicon wafers. As Intel Corp. and other chipmakers continue to shrink the size of circuits on semiconductors, they need newer lasers capable of producing higher- resolution images. ``Demand remains very high,'' Chief Executive Bob Akins said on a conference call with analysts. ``Our product mix continues to shift to new, value-added products.'' Second-quarter sales almost doubled to $86.3 million from $43.4 million a year ago. Net income reached $15.3 million, or 50 cents a share, compared with a loss of $1.49 million, or 5 cents. The profit beat a 35-cent average estimate of eight analysts polled by First Call/Thomson Financial. Cymer lasers accounted for 84 percent of those installed during the quarter, Akins said. Concern that competitors may undercut the San Diego-based company's prices is fading as chipmakers shift to buying more of the higher-powered lasers where Cymer's technology lead is strongest, executives said. Shares rose as high as 49 after the report. They'd gained 2 to 44 1/2 on the Nasdaq Stock Market and have fallen 3.3 percent this year. Jul/25/2000 18:23 ET

To: Ram Seetharaman who wrote (106513)	7/26/2000 4:40:07 PM
From: Alomex	Read Replies (2) \| Respond to of 164684

lost 33cents! Beat the street ! $ 1 billion cash at the ending of fiscal 2000! Sales nearly double from $314M to $578M, yet net losses increase from $67M to $89M !?!?! Amazon is looking more and more like the famed dollar-bills-for-ninety-cents shop posited by a market analyst.

To: Ram Seetharaman who wrote (106513)	7/26/2000 4:49:53 PM
From: Dan Woodbury	Read Replies (1) \| Respond to of 164684

How much of that cash is offset by debt? To say Amazon has $1 billion in cash at the same time it has billions in debt obligations seems like a wash.