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


To: tonyt who wrote (53602)4/28/1999 8:00:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Is this proper accounting? If not, then how could the auditors allow it?

This is proper accounting if they stay consistant from quarter to quarter. Of course, gift certificates in Q1 99 would be far less in dollars than Q4 98.

Glenn



To: tonyt who wrote (53602)4/28/1999 8:01:00 PM
From: memflyken2  Read Replies (2) | Respond to of 164684
 
No more proper accounting for AMZN than YHOO's IQ with its millions written off for intangibles and amortization of good will and other phony baloney...

Perhaps it's not a new thought here, but some CPAs will be going to jail before this is over...



To: tonyt who wrote (53602)4/28/1999 8:16:00 PM
From: Keith J  Read Replies (2) | Respond to of 164684
 
There's nothing wrong with deferring gift certificate revenue until they're redeemed. All the major retailers do it.

KJ



To: tonyt who wrote (53602)4/28/1999 9:51:00 PM
From: 16yearcycle  Read Replies (2) | Respond to of 164684
 
Geez you guys, she said q growth will below trend not below this quarters number!