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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.57+1.1%10:26 AM EST

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To: Jon Tara who wrote (107607)8/29/2000 12:59:08 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
Why isn't there any discussion of AMZN here? Why is everything here about fuel cells?

Am I missing something?


It has all been said but here is a very quick synopsis:

1. Growth is slowing.
2. The no inventory business model failed.
3. Cash burn continues and is increasing not decreasing.
4. Another round of funding will be needed by next summer.
5. Insiders have taken more than $2 billion out of Amazon.
6. Amazon has too much distribution capacity for their needs.
7. Top management at Amazon has been defecting since inception Bezos exluded.
8. Amazon has the best PR machine there ever was.
9. I personally do not shop there nor have a position.

Glenn
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