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

To: Oeconomicus who wrote (137499)	1/22/2002 7:59:19 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

Glenn, did they say in the CC it was currency gains? I noticed that they show large reductions in equity-method and other investments as well as other assets. Could investment sales have resulted in some of the gains? One part was currency gains. The other was investment sales. Bezos did say that they would have had a GAAP profit had it not been for the currency gains. It did not sound like him. He seemed so straight forward and honest. In any case, investment gains and other non-operating items are a good reason to look at proforma results in addition to GAAP. One could make that argument. GAAP over a period of time will always rule. I prefer that.