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

AMZN 244.25

-2.0%

Nov 12 3:59 PM EST

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To: Glenn D. Rudolph who wrote (10752)	7/17/1998 9:58:00 PM
From: llamaphlegm	Read Replies (1) of 164684

Glenn: Just making derisive reference to one of Bezos' and TMF's favorite arguments. What do you think about alternatives for market reaction to a favorly quarterly -- i'm assuming that it's a forgone conclusion that they'll beat estimates -- i just don't know how that will be interpreted. Oh, I can't wait for more insiders to dump stock. Isn't it nice to see the Morgan Stanley crew be utterly humiliated by this BCST offering, esp after they had the gall to have mary meeker try with a straight face to push this stock even higher (in the hopes of more ibanking business) -- "well, mr. bcst, ceo, you see we thought that you could only get $18/share, turns out we were off by a factor or 3.5 -- sorry" LP

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