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

To: KeepItSimple who wrote (74799)	8/20/1999 11:16:00 AM
From: re3	Respond to of 164684

exactly... gosh, don't many companies sit down with their staff and encourage them to go for such and such a bonus plan, stock options or whatever... sometimes it works out, sometimes not... amzn may be the greatest company of the 21st century to work for and own stock in , or , then again not...but lets not have our heads in the sand about what ceo's and cfo's may tell people about future prospects... anyone interested in buying a broken canadian retailer etn on toronto, from $ 15 ipo to under a buck...i'm sure they told investors and employees stuff too...wonder what... ike

To: KeepItSimple who wrote (74799)	8/20/1999 11:40:00 AM
From: Lizzie Tudor	Respond to of 164684

Its fine to make comments like this but you are leaving off some key elements as to why this "income smoothing" is done... it was as a result of the class action suits whenever somebody missed a qtr.... well if you are really going to report actuals then of course you are never going to be 100% accurate in your "forward looking comments" so the solution to this was -voila- these accounting practices. I also remember when the analyst estimates were the same as the "whisper number", because there was no whisper number but that also came into being at about the same time... ask yourself if shareholder class action suits are really worth all this stealth activities...?