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

To: neverenough who wrote (43520)	3/2/1999 6:52:00 PM
From: Tom D	Read Replies (1) \| Respond to of 164684

<<AMZN: BUSINESS TRENDS LOOK POSITIVE; REITERATE STRONG BUY.>> Do you know when this was released to the public? Thanks, Tom D

To: neverenough who wrote (43520)	3/2/1999 8:41:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Retailer Jos. A. Bank beats raised profit forecast HAMPSTEAD, Md., March 2 (Reuters) - Strong sales and fewer discounts at Jos. A. Bank Clothiers Inc. <JOSB.O> pushed its quarterly earnings up 69 percent, just beating heightened Wall Street predictions, the company said on Tuesday. Jos. A. Bank, which sells classic and preppy clothes, reported operating income of $2.2 million, or 32 cents per diluted share for its fiscal fourth quarter, which ended Jan. 31. A year earlier, it earned $1.3 million, or 19 cents per diluted share. Wall Street analysts were expecting 31 cents per diluted share, according to First Call, which tracks such forecasts. Excluding one-time charges and losses from the company's former manufacturing operations, net income for the 1998 fourth quarter was $2.2 million, or 32 cents per share, compared to a net loss in same period a year earlier of $300,000, or 4 cents per share. Although same-store sales were flat in 1998, the company said it is off to a good showing for 1999 with a 3 percent increase at comparable stores in February. In the past year, the company opened 17 new stores, all in existing markets. It credits those openings for the slowed comparable stores growth. Jos. A. Bank operates 104 stores in 28 states and plans to open 12 to 15 more in each of the next two years. It also runs a catalog and Internet Web site, which recently signed a deal with America Online <AOL.N> to increase its online sales. "Our strong sales results coupled with the strength of our regular priced merchandise resulted in significantly less inventory available for clearance, which significantly enhanced our profitability," Timothy Finley, chairman and chief executive, said in a statement. Jos. A. Bank's total sales for the fourth quarter increased 9.1 percent, to $57.2 million, compared to $52.5 million in 1997. Total sales for the year ended Jan. 30, 1999 increased 8.7 percent to $187.2 million compared to $172.2 million in the year earlier. For the fiscal year ended Jan. 30, 1999, the company reported net income of $5.9 million, or 84 cents per share, compared to $700,000, or 10 cents per share from the previous year. Wall Street analysts had predicted fiscal year earnings per share of only 64 cents. Its shares closed up 12.5 cents on the Nasdaq at $7.75. Its 52-week high is $11 and the low for the same period is $5.50.