LJNDawson.com, Consulting to the Book Publishing Industry
Book Publishing Industry Consultant

announced today that its earnings for the 4th Q 2005 were down 43% from last year...which naturally made several jaws drop here at Fort Brooklyn - it's Christmas season...WTF???

Then one reads, a little further into reports, that last year Amazon took a $239 million tax benefit during the last quarter. A one-off.

Stock dropped a little bit...but it's the usual smoke-and-mirrors finances we have come to expect from a company that runs its accounting department like a game of
3-card monte. In other words...shrug.
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