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

AMZN 229.55

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Dec 5 3:59 PM EST

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To: Glenn D. Rudolph who wrote (69511)	7/25/1999 9:29:00 PM
From: Eric Wells	Read Replies (1) of 164684

From the Salon article: >>"Revenues? We don't need no stinkin' revenues!" >>read one entry on a top 10 list of "Reasons to Go >>Public" that one of the conference hosts, Bill >>Gurley of Benchmark Capital, read to the >>amusement of the crowd. Bezos offered a similar quip: >>When book publishers miffed at Amazon.com for allowing >>customers to post negative reviews would tell him, >>"You don't understand our business -- we sell books >>to make money," he'd reply, "No, you don't understand >>our business -- we don't make money." >> >>Ha, ha. In the context of such humor, a reminder >>from Charles Schwab president David Pottruck that >>this is an "unusual time" -- and ultimately "you need >>to have a clear sense of how you're going to make >>money" -- came off as the nag of a party-pooping fogey. Maybe I take profits too seriously - but it disturbs me to see Bezos make jokes about his company's lack of profits. -Eric

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