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

To: KeepItSimple who wrote (137195)	1/17/2002 5:02:55 PM
From: AugustWest	Respond to of 164684

I saw that too and had to do a double take, "hey let's just help them out a little, no one will notice"

To: KeepItSimple who wrote (137195)	1/17/2002 5:06:45 PM
From: Mark Fowler	Respond to of 164684

WHAT THE FUCK!!?!??!!??!?!<< This is why i love the Amzn thread you can say what you want, no censorship, it makes life so much more interesting!!

To: KeepItSimple who wrote (137195)	1/17/2002 5:15:19 PM
From: Mark Fowler	Respond to of 164684

Btw, good point Kiss ! Somebody should shove anthrax down there months and up all there Asses!

To: KeepItSimple who wrote (137195)	1/17/2002 5:24:53 PM
From: Don Pueblo	Respond to of 164684

I'm SHOCKED! SHOCKED, I tell you! To think that a television show would cater to its own advertisers and content providers! Next will be ads for psychotropic drugs and brokerage firms! Oh, wait....

To: KeepItSimple who wrote (137195)	1/17/2002 8:53:37 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 164684

Even if a company decides they won't mislead investors, CNBC and first call will refuse to use the GAAP numbers and instead figure out what the pro-forma numbers "should" be? First call and CNBC didn't have to figure a thing out - MSFT gave them the adjustment. Read from the first paragraph of MSFT's PR: "Operating income for the quarter was $2.84 billion, including a $660 million charge for estimated expenses in connection with consumer class action lawsuits. Including this charge, net income was $2.28 billion. Diluted earnings per share for the quarter were $0.41, including $0.08 for the estimated charge." In other words, excluding the charge, EPS would be 49 cents. Call it "proforma", call it operating earnings, or call it "normalized" earnings - it's still the meaningful number if you are trying to gauge the strength of MSFT's business. Focusing exclusively on GAAP earnings when a company is subject to large, unusual and non-recurring costs is a mistake. First call is correct in pointing out this adjustment and MSFT would be doing its shareholders a disservice had they not prominently noted the effect the charge had on EPS. Anyone who can't understand the difference between adjustments for these kinds of charges and the "proforma" games played by AMZN and the like should not be investing in stocks - at least not without adult supervision.

To: KeepItSimple who wrote (137195)	1/17/2002 10:00:09 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

CNBC had a mixup on another stock of estimate v. concensus yesterday too, KIS. Chill big kitty, it's not an evil conspiracy ....