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

AMZN 230.27

-0.6%

3:59 PM EST

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To: Alexander Pavlov who wrote (3711)	5/1/1998 2:37:00 AM
From: tekgk	Read Replies (1) of 164684

>> Ms. Covey created her own line item, EBITDMA (Earning before interest taxes, depreciation, and marketing). She is lucky that she is not the CFO of any of the companies where I am a significant shareholder. If she was, I would fire her on the spot and have security escort her out of the building. This is the stupidest thing that I have ever heard. It violates all generally accepted accounting principles. I'd like to see her dare put this kind of crap into one of the SEC filings. I seems to me that they are setting themselves up for legal action should the stock ever fall with this kind of nonsense. If this stock was not so heavily shorted already, I would short as many shares as I could get my hands on. When a company has to resort to this kind of spin mister nonsense when reporting earnings - it's a sure sign of future implosion. Once the float rises and if they manage to keep the share price this high, this will be one of the best short opportunities of the century IMHO. Until then, I think that short squeezes are to easy to organize, especially in the current internet mania.

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