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

AMZN 226.19

-1.8%

3:59 PM EST

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To: zax who wrote (15671)	9/2/1998 4:44:00 AM
From: Tom D	Read Replies (1) of 164684

How did I twist your words? What was your intent in calling AMZN and its backers losers--did you mean just some of them or all of the backers? You confirm your opinion that the companies I listed are "a list of losers". Is every person except Bill Gates a "loser" in your assessment, and every company except Microsoft a "loser"? Is my investment in AMZN, currently up over 600% in a little over a year a "losing investment" by your standards? Bears criticized, degraded, and ripped AMZN to shreds on this thread in early '98, when it had a presplit value of $50 to 60 per share. Now, post corrrection, it has a presplit value of around $150 per share. And, oh yeah, it is a "loser" by your standards. Well, maybe you are right. Maybe what is generally regarded as the best venture capital firm in the world is actually a "loser", and maybe AMZN is a loser. I just wish all my investments were losers like this one. Tom D

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