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To: Skeeter Bug who wrote (10881)7/20/1998 5:07:00 AM
From: Robert Giambrone  Read Replies (2) | Respond to of 164684
 
New York, July 19 (Bloomberg) -- Amazon.com, an unprofitable online bookseller, trades almost two-and-a-half times higher than the stock of rival Barnes & Noble Inc. as investors, such as Paul Sonkin, a money manager and adjunct professor of securities analysis at Columbia University, are drawn to the company's business prospects, said the New York Times. While Sonkin doesn't own Amazon.com shares and is skeptical of its high-flying stock price -- currently at 119 13/16 -- he says the company is appealing because it keeps scarce inventory and it doesn't have to carry the cost of financing it business because customers pay for their purchases before the company does. Still, analyst Keith Benjamin from BancAmerica Robertson Stephens figures the stock should be trading at about $44 a share and says it could fall 10 to 20 percent this week after the company reports its second- quarter earnings Wednesday, which are expected to show bigger- than-expected losses, the paper said.

Estimates for Amazon.com's quarterly loss widened to 43 cents from 20 cents, according to First Call Corp., which tracks and compiles analyst earnings estimates. (NYT 7/19 3-4 www.nytimes.com)




To: Skeeter Bug who wrote (10881)7/20/1998 9:01:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 



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Headlines Next Story

Individual Investor Online Signs Three E-Commerce Deals

PR Newswire - July 16, 1998 10:49

Multimedia Publisher to Offer Books, Research, Software and Computers Through Its Site

NEW YORK, July 16 /PRNewswire/ -- Individual Investor Group (Nasdaq: INDI) announced today that it has added an electronic
commerce component to its Individual Investor Online (http://www.iionline.com) service. This will allow the company to sell books,
research, software and computers via its partners which include Barnes & Noble (NYSE: BKS), Software.net (Nasdaq: SWNT) and
INVESTools.

"The addition of a significant e-commerce component will increase the value of Individual Investor Online," said Jonathan Steinberg,
CEO of Individual Investor Group. "With our highly targeted affluent user base we provide the perfect arena for our partners to sell
their wide array of products."

About Individual Investor

Launched in May, 1997, Individual Investor Online is the companion site to Individual Investor magazine -- which Adweek has
named one of the ten hot "Up- and-Comer" consumer publications for the second year in a row. Individual Investor Online has
consistently delivered the highest quality investing and financial information to its subscribers and maintains strategic content delivery
partnerships with many of the Internet's most visited sites, including CNET, AltaVista, Yahoo!, PointCast, AOL's Digital City New
York, Quote.com, Cox Interactive Media, Hoover's, WhoWhere?, and Planet Direct. To date, Individual Investor Online has attracted
over 90,000 registered users.

Individual Investor Group, Inc. is an information services company that publishes and markets Individual Investor magazine
(circulation 500,000), Individual Investor Online (http://www.iionline.com), Individual Investor's Special Situations Report and
Ticker magazine.

SOURCE Individual Investor Group, Inc.

/CONTACT: Robert Dowling, rdowling@peppercom.com, or Richard Berman,
rjberman@peppercom.com, both of PepperCom, 212-681-1333, for Individual
Investor/

/Web site: iionline.com

(INDI BKS SWNT)

Headlines Next Story

INDI BKS SWNT %FIN %MLM %PUB %PDT V%PRN P%PRN

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