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

To: H James Morris who wrote (94005)	2/18/2000 9:12:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

Amazon.com, eToys and other Web retailers now put fulfillment costs in the category of sales and marketing expenses, which aren't included among costs that go into the gross profit calculation. HJ, How come I mentioned this for two years now and no one agreed this accounting was misleading?

To: H James Morris who wrote (94005)	2/19/2000 5:23:00 PM
From: spal	Read Replies (2) \| Respond to of 164684

James Very interesting article. I am suprise no mention was made of PCLN's creative accounting practices - recognising the full purchase cost as the revenue from selling an airline ticket, as oppossed to recognising just the commission they generate as revenue. If the SEC is taking a close look at Internet companies accounting practices, and they decide to take a hard core stance, this could cause quite a negative ripple thru the investment community as the real truth gets disclosed about their real financail health. I guess we will have to just wait and see. S Pal