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

To: Glenn D. Rudolph who wrote (23145)	10/26/1998 9:29:00 PM
From: OtherChap	Read Replies (2) \| Respond to of 164684

>The debt was incurred in 1997 as was many of the options. I have >no idea how common this is with an acquisition. Does anyone know? Glenn, this is HIGHLY irregular. We thought analysts were sleazy for lowering estimates up until 3 days before Amazon released earnings, but now we have amazon silently restating last years earnings just two days before they announce quarterly results. They couldn't do this earlier, if they did the analysts would have to include it in their estimates- even biased analysts cant ignore numbers in SEC filings. But now, since they waited until the last second to release these numbers, no analyst will have a chance to revise their estimates and Amazon will be able to trumpet "Revenues increased 400% over last year! And if you look in paragraph 3000 subsection 42 of the sec filing we submitted at 11:59pm, we did lower last years earnings 400% in order to inflate this quarters figures" What a country. I guess I'll be selling my scamazon shares at 300 instead of 150 like I planned. :)