Amazon.com, Inc. (AMZN) Message Board

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

AMZN 231.95

+1.8%

3:30 PM EST

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To: Bill Harmond who wrote (144741)	8/5/2002 12:54:31 PM
From: GST	Read Replies (1) of 164684

So, you believe that the profit and loss numbers reported by tech companies are "honest"? You believe that the CEOs who sign off on these numbers are "responsible" and "accountable"? You do not believe that they are doing their absolute best to avoid reporting their compensation expenses because it would personally cost them hundreds of millions of dollars? They are not motivated to misrepresent the true financial position of their firms as a result of the hundreds of millions of dollars they can make so long as compensation expense is not actually consolidated into financial statements and simply appears as notes to the statements? Why not take other expenses off their books and put them in notes? Why put any expenses in the statements -- why not eliminate all expenses and just put them in the notes? Then the stock price would have "unlimited potential".

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