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


To: Glenn D. Rudolph who wrote (23157)10/26/1998 10:34:00 PM
From: OtherChap  Read Replies (1) | Respond to of 164684
 
BTW- if Glenn is correct and they actually did restate last years numbers as it appears, then I will immediately sell my shares and go short again. Not even amazon could withstand the pressure if this is as bad as it seems.

Which leads me to believe that somehow they've absolutely pulled every loophole imaginable to produce the same results that restating last years figures would, but kept it somehow legal. Even I, the hibernating but ever-ready bear, find it hard to believe that Bezos would do something this obvious..

Are you sure about this Glenn?



To: Glenn D. Rudolph who wrote (23157)10/26/1998 11:10:00 PM
From: JBL  Read Replies (3) | Respond to of 164684
 
Glen :

This upgrade game has become so incredibly successful that it cannot last much longer. The chain is becoming weaker as each day goes by.

MSFT's valuation was used to justify AOL's.
AOL's to justify YHOO.
YHOO to justify AMZN.
AMZN to justify EBAY
EBAY to justify SOC (Snakeoil.Com)
SOC to justify.... uh ? where is everybody ? Why is nobody listening any more ?

I cannot beleive how bold and stupid this Kiggen guy turns out to be...