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Non-Tech : Barnes & Noble (BKS) -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (874)	4/28/1999 9:31:00 PM
From: .com	Read Replies (1) \| Respond to of 1691

Any concern that AMZN's cautionary statements will hurt BKS short term? From briefing.com: WEDNESDAY WRAP: Another day, another seemingly blow-out Net stock earnings report, and another after-the-close plunge in Net stock prices. Amazon.com's earnings report was certainly impressive on the surface -- earnings beat estimates by six cents, revenues rose 236% year/year, and customer accounts jumped to 8.4 mln from 6.2 mln. Not good enough. Though AMZN's revenues posted a healthy sequential increase, they did not live up to optimistic talk of a $300 mln number. Amazon also warned analysts in the conference call that losses would grow larger through the rest of the year and that revenue growth would slow. Though such comments are often brushed aside when the market is in good spirits, the Net correction of the past few days has prompted a more pessimistic reaction to these comments. AMZN plunged 15 7/8 in after hours trading to 177 and dragged other blue chip Net stocks down as well -- AOL traded down 4 5/8 to 140 and EBAY was off 8 9/16 to 184. Other after the close tech reports saw Scientific Atlanta (SFA) and SCI Systems (SCI) beat estimates handily, while Y2K play Data Dimensions (DDIM) missed by a mile, confirming that the Y2K play is now officially dead.