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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.76+2.5%3:59 PM EST

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To: Glenn D. Rudolph who wrote (4159)5/11/1998 10:14:00 AM
From: doug doan  Read Replies (4) of 164684
 
Glenn,

The one issue that you did not mention that could have a substantial impact on AMZN stock is the dreaded accounting irregularities. As you know, the stock options have not been accounted for properly and carried as a liability on the AMZN books. Forbes has an excellent article on this very principle. Bottom line is that these stock options will depress share earnings considerably. I will try to work that up now to understand exactly how much.
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