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


To: Glenn D. Rudolph who wrote (11758)7/25/1998 9:12:00 PM
From: umbro  Respond to of 164684
 
The Motley Fool gives AMZN "the big wet raspberry"

[ 7/24 Evening News: fool.com ]


FOOL ON THE HILL
An Investment Opinion
by Louis Corrigan Hutchinson: What's Not in the Press Release


Every earnings season, I'm reminded of how important quarterly
conference calls are -- and of how many public companies continue to
violate the securities laws by allowing just the privileged few to listen in.
Sure, many companies are gradually beefing up their efforts to treat
shareholders like owners, but other firms continue to seem clueless. It's
simply embarrassing that Amazon.com (Nasdaq: AMZN) doesn't allow
individual investors -- the folks who have sent the stock soaring -- to
tap into even a replay of the post-earnings release comments.
Amazon's investor relations program gets a big wet raspberry from
these quarters.

Still, there's another more basic problem to the way most companies
report quarterly results. Press releases simply don't include the
information investors would like to have, from the real diluted share
count (and not just what gets used when a company reports a loss) to
whether a competitor seems poised to kick a company's butt. Much
information that trickles out in a conference call really ought to be in the
press release.



To: Glenn D. Rudolph who wrote (11758)7/25/1998 9:14:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
It should be mandatory reading for all Amazon.com speculators.