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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Glenn D. Rudolph who wrote (24625)	11/5/1998 7:26:00 PM
From: OtherChap	Read Replies (2) of 164684

>PS Amazon.con strike again This could be a turning point. Bezos has now effectively "won". He's made more than he ever dreamed of before this sale. He no longer has much of an incentive to play any part (if he ever did) in the ongoing Vinik fiasco. I think Amazon's books may become much cleaner very soon, and they'll start to come forward with more information more freely. (like actually letting shareholders hear the conference call with analysts) All of this means one thing: bad news for Amazon's sky-high valuation. Tomorrow should be a good day to load up on some more puts. Remember, if you were Bezos would you want to risk losing a 20 million dollar fortune by even giving the SEC one iota of sleaze to bust you with? Of course not. This should be followed quickly by Vinik realizing the same thing, and quickly leaving the sinking ship.

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