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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.88-0.8%Nov 17 3:59 PM EST

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To: re3 who wrote (101906)4/22/2000 1:16:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
why is it not APOLOGY instead ? it almost feels like the shareholders did the bad and stupid
things to negatively affect earnings ...


Ike,

You have a point. It should a revenue or earnings shortfall apology. The shareholders have no control over management's decisions. I can't recall any CEO stating publically he or she made a lot of errors. I was thinking there was one recently but that was Warren Buffet in explaining the poor performance of Berkshire Hathaway. I don't recall him blaming it on anyone but himself.

I typically hear excuses from CEOs that demand was down, margins were squeezed. fuel prices moved against us, etc. How about we did not do a good job in predicting demand or hedging agains a rise in fuel prices, or cutting costs, etc.?
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