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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: Glenn D. Rudolph who wrote (16370)	9/7/1998 5:27:00 PM
From: OtherChap	Read Replies (2) of 164684

Looks like the rumors of stock-for-book (maybe discounts, maybe exceedingly generous credit terms, maybe outright free inventory) and the pointed facts of writing off advertising expenses as "one time charges" are starting to get around in the major investment circles. Hey Glenn, if all this turns out to be true are all of us AMZN shorts going to throw you a party with our profits? :) Today on CNBC: Louis Navalier was talking about AMZN questionable accounting tricks on CNBC today and said "Some of these stocks smell" When people with upstanding reputations such as Navalier are willing to start coming out and say that something smells fishy about Amazon's accounting practices on NATIONAL TV, then there's a good probability that all this crap is finally going to come to light. Even if we do have a soaring market on Tuesday, if these rumors continue (and especially if they are firmly substantiated) we may see a horrendous gap down at the open.

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