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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.14-0.9%10:17 AM EST
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To: Jay8088 who wrote (17754)9/21/1998 11:32:00 PM
From: OtherChap  Read Replies (2) of 164684
 
> Even as a rumor, I find it far easier to believe that he has hedged >his AMZN holding with S&P derivatives than to believe that he hasn't >sold a share. If he is still holding onto all of his original AMZN >shares he must be insane.

I doubt this is a rumor. It's common practice for executives to do this sort of thing, and it is perfectly legal. They always explain it as "diversifying my portfolio" if cornered on it, but you can be pretty sure that Bezos is hedged. Like I said, legal, but it certainly wouldn't help perceptions of the investing public.
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