Over the rainbow with Amazon.com

Article Abstract:

Amazon.com net loss in the third quarter was $197 mil., bringing cumulative losses to $550 mil. The company still predicts profitability by 2002. Spending per customer, $41.51, approaches the cost per customer, $32.73, while customer growth is 22% for the quarter, down from 60% a year ago. Some investors indicated their impatience with the continued losses by selling stock, reducing the market capitalization of Amazon by $1.6 bil as share prices fell. Friday, Oct. 29, shares closed at 70.625

Sales, profits & dividends, Telegraph & other communications, Video Retailing Service, All Other Information Services, Statistical Data Included, Finance, Electronic commerce, E-commerce, Company sales and earnings, Home shopping, Amazon.com Inc., Company earnings/profit, AMZN

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Nonequal compensation for equal positions

Article Abstract:

The CEO of American Home Products, John R. Stafford, and his counterpart at Monsanto, Robert B. Shapiro, asserted that the merger of their two companies was an combination of equals. Both men said that they would serve as co-chief executives with the same responsibilities. However, Mr. Shapiro's unusual executive compensation plan will place him higher than Mr. Stafford in terms of windfall profits.

Comment:

CEO Robert B. Shapiro has an unusual exec compensation plan that places him higher than American Home CEO John R. Stafford

Drugs & Pharmaceuticals, Pharmaceutical and Medicine Manufacturing, Chemicals & Allied Products, Chemical Manufacturing, Management development, Company Personnel, Drugs, Chemicals, Monsanto Co., Wyeth, Article

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Pop! Goes the bubble

Article Abstract:

Internet stocks have taken a beating this week and industry analysts speculate that this may be the end of a boom, or just a lull in a market that will remain bullish. A complicating factor in determining whether or not Internet stocks will stay depressed is that sheer number of companies making stock offerings, 69 in the first six months of 1999 compared with only 42 in 1998.

Securities and Commodity Exchanges, Market information - general, Security and commodity exchanges, Securities Exchanges, Analysis, Evaluation, High technology industry, Forecasts and trends, Industry trend, Stock-exchange, Stock exchanges, Exchanges, Securities industry, Beliefs, opinions and attitudes, Securities, Investors

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