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

AMZN 226.10

+2.5%

3:59 PM EST

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To: craig crawford who wrote (79929)	10/7/1999 8:52:00 AM
From: Eric Wells	Read Replies (1) of 164684

>>Yes, but analysts already figgered in the >>investment income in their estimates. How do you know this? Yahoo's pre-tax investment income of $10 million this quarter is much higher than past quarters. >>That would have been separated out as well. >>It wouldn't have figgered in operating earnings. Investment income is not reported as part of operating earnings - it's reported as investment income. How would anyone outside of Yahoo know when Yahoo is trading in marketable securities it owns? (by the way, it's spelled 'figured') >>I would suggest that you quit trying to pick apart >>obvious things like unusual gains and investment >>income, and stick to the overvaluation judgements. Thanks for your suggestion. I hope you don't mind if I don't heed it. >>YHOO is the #1 net stock hands down In terms of what? Thanks, -Eric

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