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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Glenn D. Rudolph who wrote (23125)	10/26/1998 9:35:00 PM
From: SilverAG	Read Replies (2) of 164684

Goodwill adjustments Glenn thanks for the informative posts again. Note (c) grabbed my attention- <<The goodwill and substantially all other purchased intangible assets will be amortized on a straight line basis over approximately 3 years>> From your post #23127 goodwill from the Junglee transaction looks like $176.982 million which will be spread out over 3 years, about $15 million a quarter. Is this new news or was this already expected? Did analysts expect them to book the whole Junglee deal at a loss this quarter much like XCIT tried to do with the Netscape deal? Also, why have adjustments been made to the 1997 statements? Didn't the acquisition happen this year?

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