Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.37

-0.9%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (144909)	8/6/2002 7:25:16 PM
From: Oeconomicus	Read Replies (1) of 164684

OK, how many shares have been added to the float by insider sales and at what price, what are the cumulative losses suffered by the public buyers, and how does that compare to the cumulative gains on shares sold to the public by the company itself? OTOH, never mind. It's not important. It has been generally known since the IPO that Amazon was burning through every penny it could raise, and predictions of eventual bankruptcy have also been widely made, yet public investors chose to continue buying the stock regardless of price. Are you going to legislate away bad investments? What was that you were saying about taking responsibility for our actions? BTW, would you also outlaw insider sales in profitable companies if the stock subsequently falls? After all, those insiders must have known something or mislead someone. PS: Should a pre-IPO shareholder who is not an insider, but rather got the shares in payment for goods or services, be prohibited from cashing out of his investment, too? There were a few of those in AMZN "insider" sales over the years.

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