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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.30-1.0%Jan 30 9:30 AM EST

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To: Mark Fowler who wrote (139923)2/27/2002 1:33:21 PM
From: Glenn D. Rudolph  Read Replies (1) of 164685
 
"Glenn you have any idea why would Jeff Bezos sell 2.9mil. shrs. in FEB. Since it's a deviation from past selling patterns, would be good of him to provide some type of explanation. It doesn't surprise me though taking into account whats going on, I thought it was a little strange. "

Mark,

I honestly do not have a clue. I am certain that Amazon will need cash again this year as they did last year which came from AOL. I have no clue if that has anything to do with it. Amazon is still burning cash quite quickly except they are slightly cash flow positive in Q4 only.
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