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To: OtherChap who wrote (17330)9/16/1998 12:39:00 PM
From: Jay Rommel  Respond to of 164684
 
RED INK @ Barnesnoble.com

cbs.marketwatch.com
dist=yhoo&source=htx/yhoo

Barnes & Noble's Internet Web site is showing rising sales but also producing greater losses, according to a company filing with the Securities and Exchange Commission. Revenue through barnesandnobel.com for the first 26 weeks were almost $22 million vs. $2.4 million in the same period a year ago. However while the company's (BKS) traditional retail business had an operating profit of $19.6 million, the Internet venture recorded an operating loss of $13.6 million in the second quarter. It lost $8 million in the first quarter. Barnes and Noble said capital expenditures for barnesandnoble.com were $10 million for the first half of the year, and $8 million in the first 26 weeks of last year. The company's 10-Q report to the SEC included no management comment about the results.

Can any on-line bookstore make money??? <g>




To: OtherChap who wrote (17330)9/16/1998 3:21:00 PM
From: fedhead  Respond to of 164684
 
How about making the calls before the move happens in your favour ?

Anindo



To: OtherChap who wrote (17330)9/16/1998 4:11:00 PM
From: Rob S.  Respond to of 164684
 
Amazongonenutty.com went up much more than I thought it would and has locked up with Yahoo! again. The momentum held through the close and it filled the gap down back on the 10th. The stock could well move to 90-94 tomorrow. This should be the set-up for another profit making opportunity. Short covering and momentum speculation was probably part of it - who knows what else is driving the stock; what good is it to speculate that so called MMs are manipulating it? Does that help you to make money?