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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.44+0.4%10:28 AM EST

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To: Glenn D. Rudolph who wrote (57688)5/21/1999 9:26:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
Glenn,

>> How come you are not using the value of the stock used for acquisitions as part of the cost?

Because that stock was just a gift to their friends and associates. It has no contribution to the ability to sell books, etc....

If you were starting a new on-line book store, you don't need to spend $600 m for a rare manuscript catalog.
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