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


To: Bill Harmond who wrote (93474)2/14/2000 12:31:00 AM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
>You are including non-cash charges in your loss figures.

You mean those non-cash charges that have amazingly deposited hundreds of millions of dollars of cash into Kleiner Perkins partner's pockets?

I guess they should put those losses under "criminal kickbacks, which will be exposed when the current stock mania ends and people start looking for the causes."



To: Bill Harmond who wrote (93474)2/14/2000 12:31:00 AM
From: Eric Wells  Respond to of 164684
 
You are including non-cash charges in your loss figures.

Yes. I subscribe to the old school thinking where a loss is a loss. I've had trouble accepting the new era accounting practices that appear to go by the rule: a loss is only a loss if the reporting company cannot figure out a creative way to keep it from appearing above the pro forma line.

If we evaluate Amazon only on cash flow - well hey, it's a great company and it will continue to be a fantastic company as long as it can continue to do these huge bond offerings.

-Eric