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

To: Robert Rose who wrote (98254)	4/1/2000 2:57:00 AM
From: John Chen	Read Replies (1) \| Respond to of 164684

RR: It's comforting to know AMZN doesn't have to worry about any reinstatement(if necessary) will wipe out prior years 'millions in profit' like some of those companies with less stringent accounting practice. .5 hike will be extremely bullish for companies not needing to borrow, like the high-tech, high-growth internet companies that unlimited funding via stock offering and with unlimited(or: can't be measured) revenue and profit. Amazon and the inner circle seem to be quietly preparing surprise to reward shareholder. Something is cooking ... smell like ... OTOTOT: It's the society's fault that these CEOs are in so much pressure to produce 'favorable results' so that it won't negatively effect thousands of families' wealth. US government should immediately act on: o establishing 'strategic stock reserve', similar to the 'strategic petroleum reserve'. o replace SEC with more knowledgeable personnel (updated skill on current math.) o immediately declare Al Gore as U.S president and stop the show and wasting of money. (republican has NO CHANCE, PERIOD, why toy with the public).

To: Robert Rose who wrote (98254)	4/1/2000 9:53:00 AM
From: Glenn D. Rudolph	Respond to of 164684

Amen, however, this news item tonight is giving me pause: biz.yahoo.com Does this development figure in the selling mania this week and potentially down the road? Rob, I was told or read there are a total of 17 companys that the SEC is requiring to re-stated due to the way they accounted for revenue. Please do not ask me for a link because I do not have one nor can I confirm this is an accurate number. Assuming this is accurate, I would now know which firms they are. I have made a point of checking the 10Ks and 10Qs of the companys in which I own. For example, I was concenred about the method of accounting by VIGN once I owned it. William said their accounting was done properly. William was correct. I suppose the other 16 company's problem's may spill over to firms without the problem. I take exception to the lawyers that bring these class action suits. First off, the shareholders will receive no compensation. Secondly, the method of accounting is easily determined by looking at the SEC filings. I know I am often to busy to maybe do the proper DD but that is the fault of me only. For example, I have never like or agreed with the acounting of AMZN. If they are one of the companys, well that may hurt. I do not believe the SEC is looking that strongly at the AMZN method since it is not as much a revenue issue with them as it is an allocation of expenses. I doubt a re-statements would in any way affect the botoom line of AMZN or the top line.

To: Robert Rose who wrote (98254)	4/1/2000 4:24:00 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

Robert the article I read re the poss .5 rate hike did not name its sources. Re mstr, I'm not sure it is to blame for the broader mkt performance. Isn't this news another negative development on bad news that's out? Seems to me the market is really churning between old and new econmoy, as well as between industry sectors (i.e., some new economy sectors get trashed while some but not all old economy sectors rally, and then vis-versa... ) Victor