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

AMZN 232.50

+0.1%

Dec 26 3:59 PM EST

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To: Eric Wells who wrote (74609)	8/19/1999 2:01:00 AM
From: KeepItSimple	Read Replies (3) of 164684

>A Passing Remark About priceline.com Raises Serious Concerns Doesnt surprise me a bit. People will end up in jail once this whole fiasco is over. I'm not talking about priceline in particular, because I dont know the details. But double counting could be serious enough to wreck their stock in a heartbeat. Would it surprise you to know that web companies who do "ad banner swaps" can pick whatever price they wish to assign to the transaction, and count it as revenue, even though no money has exchanged hands? How much accounting "creativity" will the internut firms get away with before the first trading halt occurs, ala BRE-X? Who knows..

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