Amazon.com, Inc. (AMZN) Message Board

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

AMZN 224.47

+1.7%

12:03 PM EST

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To: H James Morris who wrote (61350)	6/9/1999 8:30:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

>>I was not angry. I have been thinking about taking a long position and was hoping he would give enough guidance to make me feel more comfortable with the business model. Let's not spread this thought of mine around;-)<< Glenn, your thinking about going long on the "Thing"?? James, I always think of taking positions in a variety of firms. I heard Bezos would be on CNBC so I thought he would explain to current and potential investors what is going on so those that have paid billions to own a share of the company would have a clue.I mean we are not talking high technology when we want to know how many people are buying real products versus just bidding on auctions. Bezos sold $25 million in stock so he can live nicely while spending billions of dollars without showing anything for the stock holder.The stock price has dropped more than 50% not to mention the stock price is below the coversion rate for the most recent junk bond buyers. I thought Bezos would explain why Amazon is a good investment and why it is likely that buying an equity would be a good return on ones investment. It was clear he could care less about the equity holders, the junk bond holders and anyone else involved. He made my decision for me. I am not going long AMZN. A friend of mine told me Bezos is on a media campaign, to beef up his stock price. It appears he's on Kleiners shit list once again, because of the way he's handled himself, since he last gave out his last poor $losses again. This is obvious. Kleiner wants a higher price to exit. They had been exiting when the price was higher. It appears some of the recent junk bond holders are exiting with losses. I wonder if Morgan Stanley feels badly about that. Glenn

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