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

AMZN 239.19

+2.1%

Jan 23 3:59 PM EST

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To: H James Morris who wrote (23137)	10/26/1998 9:10:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

James, I was studying the 8K/A filing from AMZN tonight which was two days prior to their next loss release. They re-stated fiscal 1997 losses as though they owned Jungalee from $31,020 million to $93,655 million. This will make a year over year comparison look far better since they now lost a lot more last year. The most interesting is that Amazon had absolutely no financial interest in Jungalee in 1997 but chose to add the Jungalee losses to the Amazon losses. Loses now for Amazon in 1997 will be stated at $2.09/share. Glenn

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