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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%12:59 PM EST

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To: Don Westermeyer who wrote (1349)1/23/1998 10:14:00 AM
From: Candle stick  Read Replies (1) of 164684
 
HERE ARE THE 2 MOST IMPORTANT FACTS OF THE Q4 RELEASE;

They were posted by 'StockFool97' on Yahoo and I thin R.D. mentioned them here as well:

1) Earnings - did AMZN meet analysts expectations? No, not at all, if you look at the financial statements. In particular, look on the B/S - there is an account named deferred charges, in the amount of $2.24 million. There was no such account in previous statements. Where did this account come from? This amount represent a charge equivalent to 9 cents a share. AMZN posted a net loss of 39 cents, include these chares, and net loss would have been 48 cents. Creative accounting?

2) AMZN now has $76 million in long term debt. Servicing this debt comes to about 5 -7 cents (conservative estimate) a quarter in interest expense. This creates additional expenses that AMZN now has to cover.
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