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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 210.32

-5.6%

Feb 6 9:30 AM EST

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To: Bill Harmond who wrote (108883)	9/23/2000 12:01:27 PM
From: Glenn D. Rudolph	Read Replies (1) of 164685

William, I am continuing my sill quest to understand the fundamentals of Amazon and hoping to believe that Bezos and his "cronies" are not just spinning hype. You and I know we do not agree on Amazon and we agree on that<G> I have a question. Why does almost every non underwriting firm or publication distrust Amazon or appear to distrust them. The Barrons article again is here: interactive.wsj.com The only positives I ever hear about Amazon are from you and the analysts of firms that underwrite stocks, bonds, junk bonds, etc. Why is that? Is it the personality of Amazon management? Is it possible I am not alone in not trusting Amazon manangement or believe in the positive future of the firm? There must be an easy explanation here. By the way, your point on the non disclosure of the terms with TOY is well taken. The lack of projecting profitability and not providing gross margins in Europe excluding France is still very confusing to me. I agree that France would be difficult to quantitate. But Germany and England? Please help me. I am drowning;-)

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