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

To: Glenn D. Rudolph who wrote (16370)	9/7/1998 5:27:00 PM
From: OtherChap	Read Replies (2) \| Respond to of 164684

Looks like the rumors of stock-for-book (maybe discounts, maybe exceedingly generous credit terms, maybe outright free inventory) and the pointed facts of writing off advertising expenses as "one time charges" are starting to get around in the major investment circles. Hey Glenn, if all this turns out to be true are all of us AMZN shorts going to throw you a party with our profits? :) Today on CNBC: Louis Navalier was talking about AMZN questionable accounting tricks on CNBC today and said "Some of these stocks smell" When people with upstanding reputations such as Navalier are willing to start coming out and say that something smells fishy about Amazon's accounting practices on NATIONAL TV, then there's a good probability that all this crap is finally going to come to light. Even if we do have a soaring market on Tuesday, if these rumors continue (and especially if they are firmly substantiated) we may see a horrendous gap down at the open.

To: Glenn D. Rudolph who wrote (16370)	9/7/1998 10:42:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Glen, its been an interesting last 7 day's . To tired to go in my impressions but the one stand out for me was in last weeks WSJ, they talked about a consolidation in the Internet stocks. Wsj was talking about the flight to quality within the Internet group. They called it, the "Blue Blood Group" and that consisted of Aol, Yhoo and the'Thing', Amazon.com. I guess one of the fastest revenue growing and profit losing speculation stocks in America is now, a 'Blue Blood'. God bless America.