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

AMZN 238.42

-0.3%

Jan 26 3:59 PM EST

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To: OtherChap who wrote (23147)	10/26/1998 9:33:00 PM
From: Glenn D. Rudolph	Read Replies (2) of 164684

Glenn, this is HIGHLY irregular. We thought analysts were sleazy for lowering estimates up until 3 days before Amazon released earnings, but now we have amazon silently restating last years earnings just two days before they announce quarterly results. OC, I already gave up on the investing community using any fundamentals on the "thing." I am just trying to learn if this is common practice. The timing is a bit strange<G> The stockholder equtiy actually increased too which means this quarter they may still show positive equity. The increased stock holder equity came from goodwill and the acquired cash. Glenn

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