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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.25-2.0%3:59 PM EST

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To: fedhead who wrote (92487)1/29/2000 10:50:00 AM
From: Robert Rose  Read Replies (1) of 164684
 
<Maybe AMZN just layed off the underperformers. I don't think it means much.>

My current thinking is this. Bezos knows Wall Street will loath Amazon's upcoming Power Buildout report. So Amazon is making a very visible, if only symbolic, effort to "control expenses."

Tangentially, the move eliminates 2% of the deadwood. But that is not the primary motivation here.

Bottom line: LOOK OUT BELOW!

Heading for point north. Seeya.
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