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Amazon earns its keep ... sort of

This article from Dow Jones Newswires covers the recent announcement by Amazon.com that third-quarter revenue and account growth are above previous estimates; however, the company is still losing money due to continued spending and growing marketing costs. Although the third quarter is typically a sluggish time for e-businesses, new accounts are up at Amazon, as are repeat customer orders. The article goes on to detail the company's financial figures and forecasts the results of Amazon's future strategies. Christy Stabin

Tue, 16 Nov 1999 13:35:03 -0800