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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 228.21+0.5%2:05 PM EST

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To: Skeeter Bug who wrote (123393)4/10/2001 1:24:00 PM
From: Wayners  Read Replies (3) of 164684
 
but then, you probably think bezos is a "straight shooter" and nobody ever acts in their own self interest! ;-)

No, Bezos is pretty much a crook. I do have to laugh though at how he used his knowledge of the Wall Street Game from his days working as a hedge fund manager to fleece the street. He knew that he could capture the hearts and wallets of wall street simply by putting together rapid sales growth statistics. He knew people would simply follow the top line growth numbers and say WoW this is a phenomenal grower! Bezos took advantage of the Price to Sales valuation ratio to the extreme. Good for Bezos. How much of his stock was he able to sell out at much higher prices?
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