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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: H James Morris who wrote (121497)3/24/2001 1:10:18 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
James,

You know how much I love the Amazon story<G> I like this part:

In a letter dated Jan. 17, 2000, Galli laid out the terms of Piacentini's hiring, which included a $175,000 salary, a $1.9 million signing bonus paid in two installments, and a 10-year option to purchase 300,000 shares, vesting at the rate of 60,000 shares per year.

Amazon spokeswoman Patty Smith said the company makes compensation decisions based on what's best for shareholders.



Do you know much Patty Smith has been given??

Then there is the best line:

We take everything on a case-by-case basis," she said. "Obviously the shareholders benefit in the long-term by having a strong contingent of talented executives and employees."

Amazon's shares closed yesterday at $10.19.


With Galli gone and all the money with him, it seems they are not doing the greatest jop here LOL.

Galli gives away about $2 million here alone and he took was it $5 million with him from Amazon in one year.

Bezos has $100 million. Covey has how much do you recall?

Amazon and their superb management team is better entertainment than I could buy anywhere. Well close;-)
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