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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 227.94

+0.4%

2:53 PM EST

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To: Mark Fowler who wrote (12656)	8/5/1998 1:42:00 PM
From: Rob S.	of 164684

Amazon.con sells out 100,000 associates!!! Amazon.con has built their huge sales success largely on the backs of their 100,000+ associates. I am convinced that their churn and burn strategy is designed to benefit the VCs and insiders to the demise of speculators and associates who built the company. The recent "buy now, pay latter" strategy changes the focus and financial structure of the company, making it inevitable that they cut payments to their associates in order to repay the huge debts and options commitments they have already accumulated. They recognized the problem with their mass-market, generic product vision of the future and effect of price competition and then blundered right over the cliff at the suggestion of conspiring VCs whom they listen to (they obviously don't listen to their Associates or even have an associates' council to help guide their decision- making process). They made this dumb move despite the posibilities to build on the strength of their "internet community" of associates as the primary focus going forward. This company is completely out of control. A great start that is ending up being totally squandered. Rather than enhance the Associates program and work with them to build on their relationships, they are headlong going into the diverse, de-focused direction that dilutes the importance of their associates and burdens them with debt that can only be paid back by cutting off the blood lines to the very people who put them where they are! Until now I had thought that Amazon.com had a chance of pulling a rabit out of the hat - their associates program, a front-runner in the industry. Now that thought is crushed by the weight of debt and dilution. The dream machine is dead! Amazon.con Associates: Kiss Your Opportunity Goodbye! Amazonvaluationgonenuts.con speculators: Kiss your investments down the rat hole of the VCs and insiders' pockets!

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