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

AMZN 229.58

0.0%

2:19 PM EST

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To: Lizzie Tudor who wrote (84248)	11/15/1999 4:19:00 PM
From: KeepItSimple	Read Replies (2) of 164684

>Distributor or retail? Both. As an aside, Lycos just reported they met the estimate of 1 cent a share, but their "revenues" almost doubled. If you will look through their balance sheet carefully, you will see that their expenses didn't increase any. So how could their revenue double and profits not soar? Simple. All of that extra "revenue" was gained through bogus "ad swaps" with other net companies. No money changed hands. Eric- I'm thinking of doing a detailed study to try and figure out how much of the "revenue" at most web companies is actually bogus ad swaps. Using Lycos as an example, it's hovering close to 50 percent. God bless america! Now these stocks are going up based on imaginary revenues!!

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