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


To: GST who wrote (75286)8/24/1999 9:26:00 AM
From: Tradegod  Respond to of 164684
 
From WSJ on creative reporting of financial results:

Symbol(s) AMZN & Date

08/23 11:32P (WJ) WSJ(8/24): Heard On The Street: Pft Reports Create Confusion
There was Amazon's "pro forma operating loss" of $67.3 million. There was another "pro forma" net loss of $82.8 million, or 51 cents a share, a number that didn't include certain acquisition costs, among other things. Finally, there was a net loss of $138 million, or 86 cents a share.
Since stock analysts were following the company on the "pro forma" basis, Amazon met consensus estimates of a loss of 51 cents a share.
Perplexing? Joy Covey, Amazon's chief financial officer, concedes that the extra information "may be confusing." But Ms. Covey says: "We want to disclose as much information as possible to make it helpful for investors."


ROLFMAO



To: GST who wrote (75286)8/24/1999 9:56:00 AM
From: H James Morris  Respond to of 164684
 
>> I won't be back for a month and won't be able to post for much of that time -- the best to you as always. <<
Gst, where are you off to this time? Please leave your gold at home, unlike your American Express Card, which you never want to leave home without. The best to you too.:-))




To: GST who wrote (75286)8/25/1999 4:55:00 PM
From: Robert Rose  Read Replies (1) | Respond to of 164684
 
GST: I know you are away, but thot you might find this article of interest:

techstocks.com

May everything you touch there turn to gold. <g>