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

AMZN 231.57

+1.1%

10:26 AM EST

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To: Glenn D. Rudolph who wrote (5913)	6/13/1998 9:13:00 PM
From: Mark Myword	Read Replies (2) of 164684

>> That is the end of the SEC filing. Note it was filed late on a Friday as is their typical style. Not a pretty picture either.<< Glenn - thanks much for going to all that trouble for the thread. Much appreciated by all , I'm sure. One item I hadn't noticed before - their auditor is Ernst & Young. They always seem to be the auditor in many flaky companies , particularly those involved in stock scams and promotional deals. They can be counted on to let AMZN go to the limit in structuring and engineering the financials to create the best impression for public consumption. It sort of fits the pattern of everything else we've seen in this saga , doesn't it? This is not good news for the shorts, but it won't matter right away , as audit time is six months away. E & Y has been involved in numerous lawsuits regarding the quality of their audits , but then again , so have all the others. They have paid some whopping settlements , too. What a whore's game the whole thing is becoming. JMHO , of course.

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