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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.55-1.6%Dec 15 3:59 PM EST
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To: Eric Wells who wrote (83799)11/10/1999 11:24:00 AM
From: Robert Rose  Read Replies (1) of 164684
 
<in fact, Amazon insider sales total $700 million to date.>

This is a hefty amount. However, I don't blame them. A bird in the hand, and all that. However, the fact remains that Bezos has sold very, very little of his stock on a relative basis. And what he did sell he put toward a perfectly understandable and acceptable purpose. He's not selling the rest because he believes the stock will be worth much more in the future. Just as Gates kept his stock during msft's early years.
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