Glenn - when the Amazon dust settles (and personally, I don't think it will settle until the company declares bankruptcy), at least the world will know that people such as yourself that saw through the hype were right, and that Bezos, Blodgett and the numerous other supposedly "smart" people that were behind propping up the stock of this venture were wrong. I realize this may be little consolation.
You have to wonder what the members of the Amazon executive staff will say to themselves when Amazon goes under:
1. Okay, it didn't work. Let's retire with our millions.
2. Poor suckers that believed in us enough to buy our stock - good thing we exercised our options early.
3. Okay, next business idea, next victim.
4. Geez, we're a major let-down to our shareholders and customers. Perhaps, we should take all of the gains we've made off our stock and give it back to the shareholders that lost money on our stock. After all, we've received extensive financial rewards - for doing nothing more than spending enormous sums of money on this idea that was flawed from the get-go. And you have to wonder where all that money that we received from exercising our stock options came from - why, it came out of the pockets of shareholders. So, since we failed miserably, perhaps the right thing to do would be to give what money we can back to shareholders.
Of course, the likelihood of Amazon execs thinking and acting along the lines of #4 is slim - but you never know - perhaps, one of them has an ounce of integrity.
-Eric |
