Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 231.68

+1.7%

11:33 AM EST

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To: Killswitch who wrote (111149)	10/25/2000 10:11:31 AM
From: Glenn D. Rudolph	Read Replies (2) of 164684

Brian, Just a brief note. I looked at their inventory change and I believe they "played" with inventory valuations. This accounts for the huge improvement in gross margins from one summer quarter to the next summer quarter. The pressure was on to show something positive so why not reduce COGS this quarter? <G> The firm is laughable in my opinion. The numbers have no meaning at all. I am dropping it for now. Legal Disclaimer: All of the above is my opinion only. There is not way I can prove it to be fact nor am I accusing anyone of being misleading. I am simply looking at income, balance sheets and and past results to come to an opinionated conclusion. Glenn

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