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


To: Bill Harmond who wrote (16216)9/5/1998 3:56:00 PM
From: wiley murray  Read Replies (3) | Respond to of 164684
 
BARRONS AMZN article?! On the AMZN Yahoo chat someone mentioned a Barrons article on AMZN. Has anyone read it. A post from someone on Yahoo chat noted AMZN $10 referencing the article and that he was selling his AMZN Tuesday.



To: Bill Harmond who wrote (16216)9/6/1998 5:23:00 AM
From: zax  Respond to of 164684
 
Here are Yahoo's operating results from third quarter, 1997, (one year ago)

Good job, Bill.

OC:

IMO, you hurt all AMZN bears standings here when you argue on a personal level with a poster of AMZN bullish tendancies over a completely OT subject and then drop it when you seem to be proven wrong at face.

Put up facts or fess up error.

Friendly advice,

-- Zax



To: Bill Harmond who wrote (16216)9/6/1998 11:04:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Three Months Ended Nine Months Ended
September 30, September 30,

1997 1996 1997 1996

Net revenues $17,320 $5,515 $40,355 $10,522
Cost of revenues 1,992 1,038 5,268 1,725
Gross profit 15,328 4,477 35,087 8,797

Operating expenses:
Sales and marketing 11,187 4,015 26,444 8,165
Product development 2,557 1,362 6,562 2,729
General and administrative 1,362 1,673 3,981 2,922
Other - nonrecurring costs -- -- 21,245 --
Total operating expenses 15,106 7,050 58,232 13,816

Income (loss) from operations 222 (2,573) (23,145) (5,019)

William,

The above is the income staement from the URL you left to OC.

Please note operations show a loss. It
does not get any more clear than that.

Glenn



To: Bill Harmond who wrote (16216)9/6/1998 12:07:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
William,

Here is the URL that shows B & K to be a 10% owner of Amazon:

biz.yahoo.com

Name:
BAKER & TAYLOR INC
Title:
Beneficial Owner of More Than 10% of the Company's Securities
Company:
Amazon Com Inc
Shares Remaining:
Unknown as of -

Transaction History

Date
Action
Broker
Shares
Type
Price
Value
6-Jul-98
Planned Sale (144)
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
250,000
Common
-
$33,500,000
1-Jul-98
Planned Sale (144)
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
100,000
Common
-
$10,700,000

My question remains; how did they obtain 5 million or more shares?

Glenn