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

AMZN 232.49

+0.2%

Dec 30 3:59 PM EST

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To: Bill Harmond who wrote (14733)	8/26/1998 4:41:00 PM
From: craig crawford	Read Replies (3) of 164684

10% of your $20 billion hedge fund down the drain because you aren't bright enough to avoid Russia? >> Is Warren Buffett a fool because he took a big hit on US Airways? << Big difference between screwing up a company (btw, U soared 20 fold in the last few years), and not being able to figure out that one of the biggest countries on earth is a total waste of time. When you bet on an individual company, you are placing your faith in the competence of management. Screwing up a whole country is an entirely different story. Russia is just a big, frozen, nuclear waste dump, run by a bunch of crony "capitalists" who sell off rusty tanks and missile launchers so they can holiday in France. The government can't even pay it's workers. Yeltsin is a drunk and Gorbachev was a pawn. There isn't even the slightest inkling of capitalism or free markets over there. Russia is still a good short on any rally.

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