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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST
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To: Glenn D. Rudolph who wrote (53592)4/28/1999 7:56:00 PM
From: tonyt  Read Replies (4) of 164684
 
>Something doesn't smell right here. Did AMZN push Dec revenue into January?

>>I suspected and posted during the release of Q4 98 results that the gift
>>certificates were not booked as revenue until they were redeemed.
>>There could have been many millions of dollars of gift certificates booked as
>>revenue in Q199 from Q4 98.

Is this proper accounting? If not, then how could the auditors allow it?
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