Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.65

+1.6%

2:25 PM EST

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To: Alomex who wrote (122108)	3/30/2001 1:46:37 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

And this is the reason, ladies and gentlemen, whyAmazon will report "pro forma operating" profits in Q4'2001. Any accountant worth its salt (and with no morals) can fudge away such a small loss for Q4'2001, specially if you add the recent economies made, such as layoffs, closure of a DC and so on. Alomex, I understand what you are saying and agree. I do not believe this will happen in this case due to the lack of working capital for Q4. No accounting will fix a lack of product. I really cannot understand why people like Bezos just can't come out and say well I obviously did not understand retailing, the idea was good but I executed very poorly.

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