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To: Holyman who wrote (52161)	4/21/1999 9:45:00 PM
From: tonyt	Read Replies (1) \| Respond to of 164684

>Eugene: You indicated AMZN's earning on April 28; however, I read in some report >(could not remember which) that earning will be on May 19 Why does it take AMZN so long to report? Complex companies like MSFT, IBM, etc have no problem calculating quartery results in a timely manner. AMZN should be able to report their # as quickly as Yahoo! Somehow I have the feeling that May options expir have something to do with it.

To: Holyman who wrote (52161)	4/21/1999 9:59:00 PM
From: Banjo	Read Replies (1) \| Respond to of 164684

April 28 is the date, one week from today.

To: Holyman who wrote (52161)	4/21/1999 9:59:00 PM
From: 16yearcycle	Respond to of 164684

I contacted the company once, got a message back that it was tentatively 4/22. On around 4/5 I asked for confirmation, and it was switched to 4/28 after the close and that date was firm according to i.r. That's all I know for sure. Holyman: may the blessings be.

To: Holyman who wrote (52161)	4/22/1999 9:11:00 AM
From: Glenn D. Rudolph	Respond to of 164684

FOCUS-Borders CEO resigns after 5 months on job (Adds analyst quotes, background, stock price, byline, changes dateline, pvs ANN ARBOR) By Michael Ellis DETROIT, April 21 (Reuters) - Borders Group Inc. <BGP.N> on Wednesday announced the resignation of Chief Executive Philip Pfeffer, hired just five months ago to lead the global book and music retailer onto the Internet and overseas. Chairman Robert DiRomualdo, Borders chief executive from 1989 until November last year, was named president and CEO on an interim basis, the Ann Arbor, Mich.-based company said. Pfeffer, 53, joined Borders in November from book publishing giant Bertelsmann AG's <BTGGg.F> Random House unit, where he was president and chief operating officer, and was charged with expanding overseas and pumping up the retailer's laggard Internet sales. "He has a great reputation," said Jason Klein, an analyst with Blackford Securities. "He's very well respected, looked at as one of the leading executives in the book business," added Klein, who thought Pfeffer's exit resulted from a personality clash with other executives at the company. Borders, the No. 2 U.S. book retailer to Barnes & Noble Inc. <BKS.N>, was slow to the Internet, launching a Web site only last September to compete with the wildly successful Amazon.com Inc. <AMZN.O> and barnesandnoble.com. Amazon.com and barnesandnoble.com have stolen sales by offering books at a discount to retail chains. "That said, (Borders) went the whole last year-and-a-half without losing a lot of money as the other companies did. So I don't know that it's necessarily a bad thing," Klein said. The company, which operates the Borders, Waldenbooks and Brentanos stores in the United States, said it will take a one-time after-tax charge of 4 cents per share in the first quarter associated with Pfeffer's departure. It declined to give any further details on the charge. Borders said it expected its Web site, borders.com, will have first quarter loss of from 5 cents to 6 cents per share, and its retail stores will report a profit of 4 cents to 5 cents per share, before the one-time charge. Analysts surveyed by First Call expect earnings for Borders as a whole to drop to nil from a profit of 5 cents per share. The retailer is expected to release its first quarter earnings on May 20. Borders stock, which has slumped from a record high $41.75 set in July 1998, fell $2.625 to $14.125 in midday trade on the New York Stock Exchange. DiRomualdo said Borders has hired an executive search firm to look for a permanent replacement for Pfeffer, and he also announced a number of management changes. Borders President and Chief Operating Officer was named Vice Chairman, focusing on administration, investor relations and international operations. The company said that its Borders superstores reported a significant same-store sales gain of 3.87 percent in the first quarter over the fourth quarter, but its overall Borders stores, including its smaller Borders mall stores, had a sales gain of only 3.25 percent. DiRomualdo said Borders will continue with its new sales and marketing strategy announced in January to open 50 new stores this year and add Internet capabilities to its stores.