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


To: IMPRISTlNE who wrote (12277)8/2/1998 12:01:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

I am no BEAN COUNTER...but a Marketing expense..is an EXPENSE
whatever you call it...it may even be a Pre-paid LONG TERM agreement for
marketing...how the heck do I KNOW>....

It may be an internal MARKETING EXPENSE>...that saves payroll taxes...and state
disability insurance expense...Or whatever...I am not familiar with Washington STate
payroll tax rates...State disability insurance rates...or whatever...


IMPRISTINE.

The payroll is still counted as payroll from within and all necessary taxes must be paid. The public release does not bread these expenses down into operating versus marketing. That is my only point. I was not implying thet the grouping of theses expenses was to save AMZN money on payroll taxes. I was stating no one outside the company knows how many dollars are going into marketing and how many into the cost of fulfillment if you will.

I was not implying you should not be bullish. I believe this thread has covered every possible angle on AMZN. The rest is simply an interpretation which leads to an opinion.

I just want it clear that a statement that AMZN can be profitable it they desired, can be inaccurate as well as accurate. I do not know.

AMZN has not broken any laws in the way they report their earnings statement. They choose to group a lot of items in one category leaving the investor to guess.

Let's agree to agree<G> I will stay bearish and you will stay bullish. Just keep in mind that a lot of important information regarding the operation expenses of AMZN are not known. If they were, it likely would not change our positions regardless.

Good luck on your long position!

Glenn



To: IMPRISTlNE who wrote (12277)8/2/1998 12:14:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
and yes...i am in the who cares mode...but I AM NOT THE COMPANY...The company is NOT COMPLACENT>..They are SLAMMING THIS
OPPORTUNITY for all it is worth...believe me...


I am not sure about that. So far we know:

There are two herds of elephants "who" are controlling 90% of the float(about 10M shares); as well as 90% of the short interests.

90% of the issued/outstanding shares are in the company(insiders/employees) hands. The insiders are not participating in the $140 share price at all and never will.

Please remember that the insiders will be the sellers; most importantly, the current elephant-players will not be the buyers; when the time comes...

Lets keep our eyes on the elephants!!