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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 221.74-0.4%1:31 PM EST

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To: Bill Harmond who wrote (19789)10/3/1998 8:50:00 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
Do you think Amazon is conning us? Jeff keeps downplaying the numbers. The Amazon
10Q reads like the package insert for nerve gas.


William,

I do not believe Amazon, the company, is connign us. I use to feel that Bezos and staff were just con artist. No more. I believe they believe in what they are doing. I know you were in marketing and if you could find out who writes the Amazon press releases, please le me know. I need to hire this person.

I still believe the Amazon stock price is a con. The cause of the price is not management. Look at the warnings as you stated. The warnings could not be more clear.

The question remains why is this company valued where it is? It is not based seriously on fundamentals or future potential. Read the risks in the 10Q. I know you have.

I do not have a complaint with Amazon. The problem I have had being short back at 40 have caused me to learn a lot. I have a lot more to learn but between you, Jan, Craig, Mark, James, Rob and many others., I am learning how to read the market in general better. I thank all of you on this board for your input.

I will be back with more questions<G>

Glenn
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