Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Robert Rose who wrote (83889)	11/10/1999 3:04:00 PM
From: KeepItSimple	Read Replies (2) of 164684

>So what's wrong with hedging a multi-billion dollar position? Nothing. I never said there was anything wrong with it. But if you've hedged, you certainly aren't showing supreme confidence that your stock is going higher. You can't point to bezos lack of selling (although i would consider 35 million significant, considering AMZN has never made a dime in profit, i guess im just old fashioned) and say "look, the CEO isnt selling, it must be heading higher" while simultaneously ignoring the hedging.

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