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

To: IceShark who wrote (16203)	9/5/1998 3:04:00 PM
From: OtherChap	Read Replies (2) \| Respond to of 164684

>means that AMZN gave away a fair amount to hook up with them. 5 million shares at the current price of 86 comes to 430 million. I dont remember seeing any press releases about any "alliance", in fact I didn't see any information from Amazon at all. It's as if they didn't want to attract attention to it. Using overinflated stock to buy companies is one thing, but using that stock to pay for your INVENTORY is ludicrously dangerous. Hell, the SEC is about to change the rules so companies can't keep writing off the purchase price of those companies and then adding the revenue to their bottom line. (remember how Amazon just got caught last week for considering their ongoing advertising expenses as "unusual one time charges" and then writing them off?) Lets see. Amazon writes off their advertising, their aquisitions, and possibly gets a substantial portion of their inventory by paying with stock. And they are STILL losing money. How can any sane person recommend this stock as a buy? The internet's biggest success story.. Yeah, and I've got a bridge you may be interested in purchasing.. It just needs a bit of paint, but it is located RIGHT NEXT TO MANHATTAN!

To: IceShark who wrote (16203)	9/6/1998 2:49:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Iranian troops mass along Afghan border United Press International - September 05, 1998 04:05 %WASHINGTON %US %IRAN %AFGHAN V%UPI P%UPI WASHINGTON, Sept. 5 (UPI) - U.S. intelligence officials are warning the Pentagon and the White House that Iran is poised to send thousands of troops and dozens of aircraft into Afghanistan and that an attack was imminent. The Washington Post reports today that in the past week under the guise of a military exercise, Iran sent about 35,000 troops, 25 attack aircraft, 80 T-72 tanks and 60 armored vehicles to its northeastern border with Afghanistan. The troop movement coincides with escalating tensions between the two countries, fueled by reports that Taliban guards killed 10 diplomats in the Iranian consulate in Mazar-e Sharif, a city in northern Afghanistan. U.S. officials say any fighting between the two countries could be long and bloody because neither side possesses a definite military advantage and could destabilize the region. The Post said U.S. analysts believe Iran wants to deny the Taliban recognition as a legitimate government of Afghanistan and was intent on breaking its hold over some territory it now controls. The Taliban seized Afghanistan's capital, Kabul, in 1996, and now controls about two-thirds of the country. The Taliban took control of Mazar-e Sharif last month. Iran, a Shiite-dominated nation, has been the principal backer of the chief anti-Taliban coalition, known as the Northern Alliance. The Iranian government opposed the Taliban because of their insistence of an extreme form of the Muslim religion, which includes a ban on education for girls and jobs for women. ''They (the Iranians) are close to panic-stricken,'' a senior official told the Post. ''They are probably trying to intimidate the Taliban and there are certainly is a possibility they will cross the border.'' Two weeks ago, the U.S. military launched a cruise missile attack on what it called terrorist camps in southeastern Afghanistan in a effort to dismantle a movement led by exiled Saudi dissident Osama bin Laden. Bin Laden has been implicated by U.S. officials in the Aug. 7 bombings of two U.S. embassies in East Africa. -- Copyright 1998 by United Press International. All rights reserved. --