Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lizzie Tudor who wrote (43568)	3/2/1999 10:45:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Michelle, I have been using quicken for the past 6 months but I have more than one accounts. I had some supplemental work sheets for better substantiations, etc. There is room for improvements and I need to plan/do better. Thanks. Also, thanks for the discussions regarding Cpq in January, I had 400 shares and sold 4 puts. I sold the 400 shares while we were discussing it for $2 profit; the puts were assigned too but I sold the next Monday and was pretty much a wash. I have been following your Dclk a little, hoping for opportunities. :)))

To: Lizzie Tudor who wrote (43568)	3/3/1999 8:55:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Cyberian sees quarterly revs up 270 pct vs yr-ago NEW YORK, March 3 (Reuters) - Cyberian Outpost Inc. <COOL.O>, an online retailer of computer products, on Wednesday said it will report a 40 percent sequential revenue rise for its quarter ended in February compared with three months ago. Net sales at the Kent, Conn.-based company for the fourth quarter ended Feb. 28, 1999 are expected to reach about $33.0 million, a four-fold jump from the $8.1 million in the quarter ended Feb. 1998 and a roughly 40 percent gain from the third ended Nov. 1998, it said. The expected results appear roughly in line with expectations and parallel the 286 percent year-to-year rise and 38 percent sequential gain reported in the November quarter compared with the company's quarter ended Aug. 31, 1998. Total revenue for the company's fiscal year ending later this month is expected to grow to $85.0 million, compared with $22.7 for the 1998 fiscal year ended last February. Cyberian also said its site at outpost.com achieved solid customer growth, with a total of 280,000 registered customers at the end of February 1999, about 70,000 more customers than in November, the company said. However, the company -- which like many Internet stocks analysts do not project to break even for at least two years, due to heavy investments to gain market share -- did not say how much it expected to lose during its latest quarter. "These record results are a product of our continued success in attracting new customers to Outpost.com and our proven ability to deliver top notch customer service, both domestically and around the globe." CEO Darryl Peck said in a statement pre-announcing the company's expected results. "With 33 percent customer growth in the last quarter, Cyberian Outpost continues to be one of the fastest growing e-commerce companies," he added. It cautioned that the results are preliminary. Audited results are due out in the first week of April, it said. The company's profile was raised during the peak holiday selling season by a series of attention-grabbing television ads including on in which a marching band was savagely attacked by a pack of wolves. Cyberian's results come on the heels of sharp gains reported by other online retailers during the fourth quarter of 1998 and hint that the trend has continued past any seasonal upswing in December into the first two months of 1999. The report supports other online retailer predictions that the early months of 1999 will show a sustained pattern of online consumer purchasing equal to or above what was reported during the gift-giving driven fourth quarter. For example, Amazon.com <AMZN.O>, the giant of Internet retailing with $610 million in 1998 revenues, said in January that it expected to see a sequential rise in revenues when it reports its first quarter results in April. Cyberian Outpost stock closed down 62.5 cents at $16.12 in moderate trading on Nasdaq Tuesday.