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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 9:30 AM EST

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To: KeepItSimple who wrote (70190)7/28/1999 3:43:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 

Everyone knows this. Amazon basically paid for their entire inventory by diluting their
common stock. And the fools STILL couldn't turn a profit, when their main product was
provided to them FREE OF CHARGE!


KIS,

I was the one that questioned the shares of Amazon stock that B & T were dumping on the market. I also discovered that those shares were given to B & T for their book database. B & T made a lot of money on those shares due to the appreciation and splits of Amazon stock. The inventory for Amazon was not paid for with stock.

Glenn
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