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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: Wizard who wrote (59636)	6/1/1999 5:23:00 PM
From: Cap_Loss_Cfwd	Read Replies (2) of 164684

>>hmmm. so accountants now have an overwhelming obligation to not just bean count but set fair market values. they must be sweating knowing that each quarter, the stock will trade at net tangible book/share and all employees with options depend on their calculator. what a responsibility.<< Wiz, just one more thought on your witty note: Between the huge expectations of the analysts and the true believers, the immense market cap, the free-spending ways of management, the inclusion of fulfillment costs in marketing, the pro forma adjustments in the financial statements, the soon to be negative book value and the class action attorneys charting the stock price, the accountants already have enough to sweat about. As our colleague would say, trust me on that!!

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