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

To: Bill Harmond who wrote (116867)	2/2/2001 5:09:12 PM
From: Mark Fowler	Read Replies (1) \| Respond to of 164684

Ditto!

To: Bill Harmond who wrote (116867)	2/2/2001 6:27:30 PM
From: re3	Read Replies (2) \| Respond to of 164684

all these new detractors must be a contrarian indicator huh Bill ?

To: Bill Harmond who wrote (116867)	2/2/2001 6:38:53 PM
From: H James Morris	Read Replies (3) \| Respond to of 164684

Bill, Cambridge University UK, in conjunction with Forrester Research (forr) announced today anyone shorting your top picks since the new millennium began would be a $trillionaire today.:O)

To: Bill Harmond who wrote (116867)	2/2/2001 8:02:29 PM
From: Robert Rose	Respond to of 164684

:) yea, it's deep and dark, but rain clouds might be parting?? i think i see blue in the big caps, if not in the new econs yet....... ?

To: Bill Harmond who wrote (116867)	2/3/2001 12:24:49 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

Bill, Amazon filed their 8K today. This was a bit interesting and is a significant number. It also is not in the proforma this time. Think about this please;-) "Noncash investment gains and losses for the quarter ended December 31, 2000, includes other-than-temporary impairment losses totaling approximately $155 million to record certain of the company's investments at their fair values. Noncash investment gains and losses, net for the year ended December 31, 2000, includes the following items: a gain of approximately $40 million related to the acquisition of HomeGrocer.com, Inc., previously one of the company's equity-method investees, by Webvan Group, Inc.; a gain of approximately $20 million representing the previously unearned revenue recognized upon the termination of the company's commercial agreement with living.com, which filed for bankruptcy during the quarter ended September 30, 2000; a loss of approximately $14 million, representing the company's investment in living.com at the time of its bankruptcy; and other-than-temporary impairment losses totaling approximately $34 million and $155 million in the quarters ending September 30 and December 31, 2000, to record certain of the company's investments at their fair values. Noncash investment gains and losses are excluded from pro forma operating results." Real GAAP losses for fiscal 2000 were $1,411,273,000. Real GAAP lloses for 1999 (when they were building out the distribution centers) were $719,968,000. Losses increased 96% on their way to profitability. This would men losses in 2001 will be around $2,766,000,000. My question is at what point in time do these losses become a profit?