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

To: Alexander Pavlov who wrote (3711)	4/30/1998 1:25:00 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 164684

EBITDMA? Wow! If we ignore the fact that marketing is a necessary expense in any business, especially retailing of a commodity consumer product, Amazon isn't really losing money. Now I understand! Hey, why don't they just capitalize their marketing costs? While we're at it, why don't we add back G&A, product development and cost of sales? After all, if they didn't have employees to pay or product to purchase, their margins would be 100%. EBITDMPDCGSG&A, or simply Sales. Then, since sales would equal profits and sales are growing 100% per year, we could apply a 100 PE to their sales number. Someone said they'd do $500 million this year, so this should be a $5 billion company by year end! Yippee!

To: Alexander Pavlov who wrote (3711)	4/30/1998 1:45:00 PM
From: Candle stick	Read Replies (2) \| Respond to of 164684

You can't be serious!!!!........before interest, taxes, depreciation and marketing, AMZN is profitable?!?!?.........Well, that is every expense they have!!!??? What are you, joking?.....Of course if you remove every expense for conducting a business every company will always be profitable......errrrr, uhhhhh, when exactly do you expect these expenses to disappear? NEVER, thats when, in actuality they will be INCREASING as AMZN is floating junk bonds to finance operations and search engines and wesites are RAISING advertising expenses as more and more companies compete for space..........;^) The ignorance displayed on these threads is all the proof that I need that the last of the food chain is in the market and that we are at the top.......there will soon be noone left to buy and all the bagholders will be in, and uhhhhhhh , well, you know, be caught holding the bag.......;^)

To: Alexander Pavlov who wrote (3711)	4/30/1998 2:17:00 PM
From: Mark Myword	Read Replies (1) \| Respond to of 164684

Wow ! ->> Finally, Amazon made the point that marketing costs are the only reason that Amazon is not profitable. Ms. Covey created her own line item, EBITDMA (Earning before interest taxes, depreciation, and marketing). On this line item, Amazon is profitable."<< Man oh man , you'd think this gal would be laughed out of the room for such a gratuitous bunch of bullshit ! I've never seen anything so ludicrous from a "CFO" in my life ; even the ones who are engaging in outright fraud can come up with a more credible argument than that. What an absurd joke. In a serious financial environment , she would get ridiculed , but at the H&Q conference , she probably got a standing ovation ! Is she the same one who promised to have the note info revealed , and then reneged ?

To: Alexander Pavlov who wrote (3711)	4/30/1998 2:57:00 PM
From: Olu Emuleomo	Respond to of 164684

Guys, Want to see the future of SEEK, AMZN, LCOS, XCIT? Take a look at the chart of ONSL at bigcharts.com What a sneak preview, huh? Sorry, YHOO,AOL fans. I think these 2 will continue on the up and up! --Olu E.

To: Alexander Pavlov who wrote (3711)	4/30/1998 4:37:00 PM
From: Glenn D. Rudolph	Respond to of 164684

"Amazon A very solid, information packed presentation by Joy Covey, CFO. ... Finally, Amazon made the point that marketing costs are the only reason that Amazon is not profitable. Ms. Covey created her own line item, EBITDMA (Earning before interest taxes, depreciation, and marketing). On this line item, Amazon is profitable." Was this really said? Glenn

To: Alexander Pavlov who wrote (3711)	5/1/1998 2:37:00 AM
From: tekgk	Read Replies (1) \| Respond to of 164684

>> Ms. Covey created her own line item, EBITDMA (Earning before interest taxes, depreciation, and marketing). She is lucky that she is not the CFO of any of the companies where I am a significant shareholder. If she was, I would fire her on the spot and have security escort her out of the building. This is the stupidest thing that I have ever heard. It violates all generally accepted accounting principles. I'd like to see her dare put this kind of crap into one of the SEC filings. I seems to me that they are setting themselves up for legal action should the stock ever fall with this kind of nonsense. If this stock was not so heavily shorted already, I would short as many shares as I could get my hands on. When a company has to resort to this kind of spin mister nonsense when reporting earnings - it's a sure sign of future implosion. Once the float rises and if they manage to keep the share price this high, this will be one of the best short opportunities of the century IMHO. Until then, I think that short squeezes are to easy to organize, especially in the current internet mania.