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

To: Canard who wrote (19184)	9/30/1998 10:56:00 AM
From: Bill Harmond	Read Replies (1) \| Respond to of 164684

They're non-cash charges. Nobody really cares whether they're written-off up-front or not. The Street follows operating earnings anyway, and these charges have no affect on operating results even if they're amortized. There is accounting discipline involved either way. The SEC is doing their job to be concerned, but the timing of writing-off in-process R&D doesn't matter one way or the other from an investment standpoint.

To: Canard who wrote (19184)	9/30/1998 10:57:00 AM
From: OtherChap	Read Replies (2) \| Respond to of 164684

The height of insanity. Remember a week or so ago where I posted that even if you destroyed Amazon's headquarters with a meteor the stock would still go up? Sounded kinda silly, right? Well a meteor would shut down their website, of course, and thus no business would be done. Now that the website has shut down and no business is being done, the stock rallies while the rest of the market and the internet stocks in particular collapse today. What is wrong with this picture? Maybe in a year or so after Amazon declares bankruptcy people will keep trading this stock because it "keeps going up every day.. i don't know much about the internet but i want to get on the bandwagon and this stock is pretty good"