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

To: Glenn D. Rudolph who wrote (25976)	11/14/1998 3:17:00 PM
From: Dwight E. Karlsen	Read Replies (2) \| Respond to of 164684

In August 1998, the Company entered into a long-term headquarters lease which will result in increased lease obligations commencing in the second quarter of 1999 and significant leasehold improvement expenditures. The Company may establish one or more additional distribution centers within the next 12 months, which would require it to commit to lease obligations, stock inventories, purchase fixed assets and install leasehold improvements. In addition, the Company has announced plans to continue to increase its merchandise inventory in order to provide better availability to customers and achieve purchasing efficiencies. Sounds awfully brick-and-mortarish to me. "leasehold improvements". "lease obligations". "purchase fixed assets". "install [more] lease improvements". "increase merchandize inventory". I thought this was a "pure" internet company? Gee, I'm disappointed.