Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (74797)	8/20/1999 10:55:00 AM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

The attorney general of new york state was quoted as saying: "Half of publicly traded companies are guilty of fraudulent accounting practices in regards to carryover earnings" There was also the fellow who posted about a week ago, describing how Mary Meeker (who underwrote the IPO of his company recently) gave orders to the executives to not exceed a certain revenue limit. If true, that's criminal accounting fraud. ------------------- ...i believe there was a report recently which stated that a significant % of cfo's were asked to 'lie' in financial reporting

To: re3 who wrote (74797)	8/20/1999 1:29:00 PM
From: John Donahoe	Read Replies (3) \| Respond to of 164684

RE: i said 'corporations lie' But don't corporations also tell the truth. RE: i do not know or pretend to know which corporations lie, but many, many do... But don't "many, many" corporations tell the truth? RE: what is it that you want from me... are you trying to put words in my mouth... I wanted to know if you believe Amazon is a "scam" and engaged in lying. If so what is your basis. Other than "corporations lie". Since you said you don't know if they lie then I can infer that you don't know if they are a scam, right? Amazon has consistently projected losses into the future. A scam, IMO, would be painting a rosy scenario of eminent profits knowing otherwise. Not losses as far as the eye can see. RE: i think you owe me an apology No I don't. Within the context of the "inuts as scams" topic you were clearly implying you thought Amzn was a scam, and engaged in lying. It was a reasonable inference.