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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 245.98-1.3%1:07 PM EST

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To: Andeveron who wrote (11384)7/22/1998 9:28:00 PM
From: Rob S.  Read Replies (1) of 164684
 
You speculate wildly with little regard for the truth. Why not be honest enough to admit it? Have you talked to the company regarding your wild speculation? Have you listened to a single conference call? Get off it when you don't have the vaguest notion of what you are talking about.

Bezo said flatly that Amazon.com will "remain focused on our core markets" and that although they are aware of several opportunities outside of that that Amazon.com does not plan to venture outside of that arena.

Bezo said that the company is also constricted by what he calls "executive bandwidth" and limits in expertise to move into other areas.

Joey Covey, CFO, said that Amazon will be "making efforts to gain efficiency on book selling" and will also need to make major investments to enable marketing of music and to support European operations.

These are good people at Amazon.com and you speculators are setting them up to look bad. They have a careful plan of action to become profitable within a couple of years and you have them going after selling almost everything you can think of. Give them credit for having good business sense and paying close attention to building customer service and brand loyalty - things that will provide a solid foundation for success in future years.

I think that speculators like yourselves are the worse posible thing for this company because you will lead the stock price on a roller coaster ride that no start-up company could posibly support. The stock price has already been speculated to levels that are dangerous to the company's reputation and long-term stability.
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