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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.37-0.9%Dec 3 3:59 PM EST

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To: H James Morris who wrote (127607)7/3/2001 1:33:21 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
Like a lot of business's pioneering... they probably made a lot of mistakes along the way. Mistakes they wouldn't make again today

There is always an early time to learn from mistakes. To continue as a retailer without bringing in people with retail expertise shows ignorance in my opinion.

I've had that same experience in business myself

So have I but I never blew $2 billion to figure it out.

Mistakes are OK if you learn from them...having staying power helps a lot too

The staying power came from the raising of a lot of capital fromt he equity markets. Far more than any other firm in the same business. The capital continues to erode. Will the equity markets give them more?
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