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

To: DLS who wrote (13267)	8/11/1998 9:44:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Amazon.com slips in Zack's ratings: ultra.zacks.com Moved down to -4 to 2.6 this week. Concensus estimate for fiscal year 12/98 -$1.17 Concensus estimate for fiscal year 12/99 -$0.77

To: DLS who wrote (13267)	8/11/1998 11:28:00 PM
From: JimNewby	Respond to of 164684

DLS Didn't you mean $2,000,000? Jim ;-)

To: DLS who wrote (13267)	8/11/1998 11:39:00 PM
From: Glenn D. Rudolph	Respond to of 164684

More from the S-4: The Company has rapidly and significantly expanded its operations and anticipates that further expansion will be required to address potential growth in its customer base, to expand its product and service offerings 7 and its international operations, and to pursue other market opportunities. The Company's employee base has similarly expanded, growing from 158 employees as of December 31, 1996 to 1,170 employees as of June 30, 1998. The expansion of the Company's operations and employee base has placed, and is expected to continue to place, a significant strain on the Company's management, operational and financial resources. To manage the expected growth of its operations and personnel, the Company will be required to improve existing and implement new transaction-processing, operational and financial systems, procedures and controls, as well as to expand, train and manage its growing employee base. There can be no assurance that the Company's current and planned personnel, systems, procedures and controls will be adequate to support the Company's future operations, that management will be able to hire, train, retain, motivate and manage required personnel or that Company management will be able to successfully identify, manage and exploit existing and potential market opportunities. If the Company is unable to manage growth effectively, such inability could have a material adverse effect on the Company's business, prospects, financial condition and results of operations. RISKS OF NEW BUSINESS AREAS The Company over time intends to expand its operations by promoting new or complementary products or sales formats and by expanding the breadth and depth of its product or service offerings and introduced its music store in June 1998. Expansion of the Company's operations in this manner will require significant additional expenses and development, operations and editorial resources and could strain the Company's management, financial and operational resources. Furthermore, the Company may not benefit from the first-mover advantage that it experienced in the online book market, and gross margins attributable to new business areas may be lower than those associated with the Company's existing business activities. There can be no assurance that the Company will be able to expand its operations in a cost-effective or timely manner. Furthermore, any new business launched by the Company that is not favorably received by consumers could damage the Company's reputation or the Amazon.com brand. The lack of market acceptance of such efforts or the Company's inability to generate satisfactory revenues from such expanded services or products to offset their cost could have a material adverse effect on the Company's business, prospects, financial condition and results of operations. Gross margins attributable to new business areas may be lower than those associated with the Company's existing business activities. In particular, the Company has announced plans to offer music to customers, and anticipates that music product gross margin, which is expected to be lower than book gross margin, will affect overall gross margin proportionately to its impact on product mix. RISKS OF INTERNATIONAL EXPANSION The Company expects to expand its presence in foreign markets and has recently acquired two international online booksellers to accelerate this expansion. To date, the Company has only limited experience in sourcing, marketing and distributing products on an international basis and in developing localized versions of its Web site and other systems. The Company expects to incur significant costs in establishing international facilities and operations, in promoting its brand internationally, in developing localized versions of its Web site and other systems and in sourcing, marketing and distributing products in foreign markets. There can be no assurance that the Company's international efforts will be successful. If the revenues resulting from international activities are inadequate to offset the expense of establishing and maintaining foreign operations, such inadequacy could have a material adverse effect on the Company's business, prospects, financial condition and results of operations. In addition, there are certain risks inherent in doing business on an international level, such as unexpected changes in regulatory requirements, export and import restrictions, tariffs and other trade barriers, difficulties in staffing and managing foreign operations, longer payment cycles, political instability, fluctuations in currency exchange rates, seasonal reductions in business activity in other parts of the world and potentially adverse tax consequences, any of which could adversely effect the success of the Company's international operations. Furthermore, it is possible that governments in certain foreign jurisdictions may have or enact legislation with respect to the Internet or other online services in such areas as content, network security, encryption or distribution that may effect the Company's ability to conduct business abroad. There can be no assurance that one or more of such factors would not have a material adverse effect on the Company's future international operations and, consequently, on the Company's business, prospects, financial condition and results of operations. 8 RISKS OF BUSINESS COMBINATIONS AND STRATEGIC ALLIANCES The Company may choose to expand its operations or market presence by entering into business combinations, investments, joint ventures or other strategic alliances with third parties such as the Company's April acquisitions of three international Internet companies and pending acquisitions of Junglee Corporation and Sage Enterprises, Inc. (PlanetAll). Any such transaction will be accompanied by risks commonly encountered in such transactions, which include, among others, the difficulty of assimilating the operations, technology and personnel of the combined companies, the potential disruption of the Company's ongoing business, the possible inability to retain key technical and managerial personnel, the potential inability of management to maximize the financial and strategic position of the Company through the successful integration of acquired businesses, additional expenses associated with amortization of goodwill and purchased intangible assets, additional operating losses and expenses associated with the activities and expansion of acquired businesses, the maintenance of uniform standards, controls and policies and the possible impairment of relationships with existing employees and customers. There can be no assurance that the Company will be successful in overcoming these risks or any other problems encountered in connection with such business combinations, investments, joint ventures or other strategic alliances, or that such transactions will not have a material adverse effect on the Company's business, prospects, financial condition and results of operations.

To: DLS who wrote (13267)	8/12/1998 10:23:00 AM
From: Glenn D. Rudolph	Respond to of 164684

Barnes & Noble Opens First ink newsstand On August 12 Business Wire - August 12, 1998 09:55 %BARNES-NOBLE BKS %CONNECTICUT %NEW-YORK %RETAIL %PUBLISHING %PRODUCT V%BW P%BW NEW YORK, New York--(BUSINESS WIRE)--August 12, 1998-- 1,500 to 2,000 Different U.S. and Overseas Magazines, 5,000 Book Titles, Local and National Newspapers, and a Whole Lot More The Latest Ink on What's Happening, Who's Making News, and The Books People Are Reading Barnes & Noble, Inc., the nation's largest bookseller, announced the official opening of its first ink newsstand in Meriden, Connecticut on Wednesday, August 12, 1998. Located in the Meriden Square Mall on 470 Lewis Avenue, the 3,000-square-foot ink newsstand captures -- in magazines, books, and newspapers -- the excitement of the latest news and information on world events, lifestyle, sports, computers, business, food and nutrition, health and fitness, entertainment, personalities, fiction, and much more. "The public's appetite for news continues to grow," said Frank O'Neill, president of B. Dalton, the Mall Division of Barnes & Noble. "ink newsstand meets this demand and reflects the energy of what's happening now. It has an extraordinary selection of magazines, local and national newspapers, the books people are talking about, new paperback releases, and a whole lot more. ink does for the printed word what CNN has done for television news." The ink newsstand at the Meriden Square Mall contains: -- One of the largest and widest selection of magazines under one roof -- 1,500 to 2,000 different national and international magazines, including hundred of hard-to-find titles. -- An assortment of local and top-selling national newspapers. -- 5,000 different bestselling books, approximately 70 percent paperbacks, providing the latest information on money, travel, sports, cooking, etc., as well as the top fiction bestsellers. -- 30 percent hardcover discounts on bestsellers in fiction and non-fiction. -- Gift certificates. -- A selection of greeting cards, calendars, pens, notepads, and candy. -- Seating and public restrooms. For the opening, customers will receive a free magazine (up to $5 in value) for purchases of $20. They can also enter a contest offering $25 gift certificates to 10 winners (no purchase necessary). "In the next few months, ink will adjust its strategies and products to better meet the needs of the community here in Meriden," said O'Neill. "We also plan to open three more ink newsstands over the next three months, all in mall locations, in Cary, North Carolina; Austin, Texas; and San Diego, California." About Barnes & Noble, Inc. Barnes & Noble, Inc. operates 489 Barnes & Noble bookstores and 510 B. Dalton bookstores. Barnes & Noble stores stock an authoritative selection of more than 175,000 titles and offer books from more than 27,000 publishers with an emphasis on small, independent publishers and university presses. Barnes & Noble is the world's largest bookseller on the World Wide Web (http://www.barnesandnoble.com), and the exclusive bookseller on America Online (Keyword: bn). The company also publishes books under the Barnes & Noble imprint for exclusive sale through its retail stores, mail-order catalogs, and Web site. General financial information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company's investor relations Web site: shareholder.com. ink newsstand FACT SHEET -- The first ink newsstand -- a 3,000-square-foot, easy-to-shop news emporium -- officially opens on Wednesday, August 12, 1998 at the Meriden Square Mall, 470 Lewis Avenue, Meriden, Connecticut. -- ink captures the excitement, energy and immediacy of who and what are making ink now - who's hot, what's current, and what's being read. It's the latest news and information in magazines, books, and newspapers about world events, lifestyle, food, computers, health and fitness, sports, entertainment, personalities, business, and fiction. It does for print what CNN has done for television. -- ink offers: -- One of the largest and widest selection of magazines under one roof -- 1,500 to 2,000 different national and international magazines, including hundred of hard-to-find titles. -- An assortment of local and top-selling national newspapers. 5,000 different bestselling books, approximately 70 percent paperbacks, providing the latest information on money, travel, sports, cooking, etc., as well as the top fiction bestsellers. -- 30 percent hardcover discounts on bestsellers in fiction and non-fiction. -- Gift certificates. -- A selection of greeting cards, calendars, pens, notepads, and candy. -- Seating and public restrooms. -- At the opening in Meriden, customers will receive a free magazine (up to $5 in value) for purchases of $20, and can enter a contest offering $25 gift certificates to 10 winners (no purchase necessary). -- ink newsstands will be operated by B. Dalton, the Mall Division of Barnes & Noble. -- The architect for ink is GHA based in Montreal, Canada. -- Three more ink newsstands will open over the next three months, all in mall locations, in Cary Town Center, Cary, NC; Barton Creek, Austin, TX; and University Towne Center, San Diego, CA. CONTACT: Mary Ellen Keating Barnes & Noble, Inc. (212) 633-3323 mkeating@bn.com