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

AMZN 238.42

-0.3%

3:59 PM EST

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To: OtherChap who wrote (23140)	10/26/1998 9:24:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 164684

Some would call this "creative accounting at its best" but most would just call it outright fraud. The way bezos manages to hide most of the dirty laundry in obscure SEC filings that nobody ever sees never ceases to amaze me. Even more amazing is the fact that he has gotten away with it every time! OC, This is somewhat of a difficult call and far beyond my accounting knowledge. Amazon did absorb the Jungalee debt and stock options that were vested or may become vested. The debt was incurred in 1997 as was many of the options. I have no idea how common this is with an acquisition. Does anyone know? Glenn

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