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

AMZN 229.55

+0.2%

Dec 5 9:30 AM EST

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To: H James Morris who wrote (141646)	4/18/2002 9:14:13 AM
From: Oeconomicus	Read Replies (2) of 164684

Are you still holding Billy's big METRO "last mile picks'? Still holding what? I don't think I've ever owned more than one stock that he owned and AVCI is not a "last mile pick". More like a "middle mile" one, though, as you may have read, they are moving from the core to the edge. No, not the edge of busto - they still have $149 million in cash and investments. That's $2.99 per share. Like you once told me...He sure looked good during the "bubble". I don't think I ever said he "looked good," though I might have noted that he probably made lots of money while us rational fundamentalists scoffed at the lunacy of it all. ;-) Whether he held onto much of his winnings is another question, but I'm sure he's still sitting on a big pile. PS: I don't think he owns AVCI any more. PPS: The former chairman (still a director), Swartz, recently spent over a million bucks buying AVCI stock around $2 (501k shares @$1.91-$2.39, Mar 5-8). What could he know? ;-)

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