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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.41+0.6%Nov 7 9:30 AM EST

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To: Sarmad Y. Hermiz who wrote (104206)5/27/2000 1:19:00 AM
From: Bill Harmond  Read Replies (2) of 164684
 
Sarmad, you are not being objective. You're using loaded words:snowball's chance in hell...various idiocies...from honest working people...their schemes...designed strictly to enrich their promoters...mission it seems is to promote a scam...

You're talking about some failing businesses, but not scams. The VC, founders and employees of these failing companies honestly tried to make a go of it. They go to work each day and struggle and gave all of themselves to these businesses.

I'm sure there are Internet scams, plenty of them. iVillage and eFax are not two of them. They're lower-tier internet companies that haven't gotten a sufficient toehold and have whithered, or have seen their business plans fail. Do you know anyone who worked at these two companies that would call them scams even after leaving or being let go? I doubt it.

It's the parable of the sower and his seeds. It's creative distruction. It's survival of the fitest. It's capitalism, Sarmad.

We can go through a whole list of companies, especially in technology, that have died away. That's the chance investors take.
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