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To: Skeeter Bug who wrote (91693)4/9/2001 11:50:48 AM
From: Les H  Read Replies (2) | Respond to of 436258
 
market strategy at bottom

sfgate.com



To: Skeeter Bug who wrote (91693)4/9/2001 11:54:05 AM
From: Real Man  Read Replies (1) | Respond to of 436258
 
Losses that don't count as losses? This is called "pro forma" in modern accounting, right? LOL!

Amazon says it will be better than that by 8 cents, expecting to file a pro forma loss of 22 cents per share. The pro forma numbers do not include a number of items, such as goodwill and any losses the electronic retailer absorbs from investments.

www2.marketwatch.com



To: Skeeter Bug who wrote (91693)4/9/2001 12:25:21 PM
From: JHP  Read Replies (1) | Respond to of 436258
 
this is the funniest! gross profit<G> up y/y! roflmao

Online retailer Amazon.com (AMZN: news, msgs, alerts) said it'll post stronger-than-expected first quarter results. Wall Street had been expecting a loss of 30 cents per share for Amazon.com, according to First Call/Thomson Financial. Amazon says it's expecting to file a loss of 22 cents per share. CEO and founder Jeff Bezos said the company has had an "excellent" quarter and cited strong sales of electronics products. The company reaffirmed its 2001 target for a loss of 86 cents per share. Net sales are expected to exceed $695 million, an increase of more than 21 percent over the $574 million in the year-ago. Gross profit is expected to exceed $175 million, an increase of over 35 percent compared to gross profit of $128 million last year. Cash and marketable securities are expected to be over $640 million, and the company continues to expect cash and marketable securities to be over $900 million by the end of the year.