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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.37+0.3%3:59 PM EST

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To: H James Morris who wrote (147417)9/13/2002 12:21:29 PM
From: KeepItSimple  Read Replies (2) of 164684
 
Couldn't care less about scamazon. The only thing anyone needs to know about that company is that insiders have sold BILLIONS AND BILLIONS of dollars worth of stock.

Nobody involved with the company gives a shit whether or not it dies tomorrow. They've already cashed out.

And THAT is the problem with a public equity market that rewards people before the company itself succeeds. If you make someone a billionaire, what incentive do they have to keep the company running? It's like if you were to win a 1 billion dollar lottery, would you keep going to work every day?

The public has been duped, the biggest wealth transfer in the history of planet earth has occurred. The population is just now starting to realize it. Does the phrase "let them eat cake" mean anything to these clowns?

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Kis, what do you think of Amazon.com's recovery these days?
It's the only stock in the technology/internet 25 that's up so far this year.
Up 54.8% ytd is pretty impressive. Don't you think?
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