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

AMZN 227.37

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3:59 PM EST

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To: Glenn D. Rudolph who wrote (43680)	3/3/1999 1:56:00 PM
From: Slumdog	Read Replies (3) of 164684

>>Leases are the same as debt. Even if Wal-Mart owned most of their stores, which I doubt, it's still a huge capital drain that Amazon doesn't suffer.<< Certain leases are considered to be another means of financing the acquisition of an asset. The building that is leased is shown on the asset side of the balance sheet, and is treated like any other fixed asset. The amount owed to acquire the asset is shown on the liability side of the balance sheet and is recorded as the present value of future lease payments. Treated the same as long term debt.

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