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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.35+0.4%Jan 9 9:30 AM EST

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To: Rob S. who wrote (27358)11/20/1998 12:07:00 PM
From: Tom D  Read Replies (1) of 164684
 
<<<This is the new American dream - take a company public and reap quick rewards regardless of long-term success or failure of the enterprise.>>>

Do you bears have some personal problem with Bezos? He sold 1% of his stock. He is keeping 99% of it. There is such an apparent current of hatred in many recent postings.

What did you want management to do differently? Not split the stock? Not sell other junk for the holidays? Not announce it? They are charged with increasing shareholder value.

They are doing it, only it takes five years to see the outcome of the game.

Exactly what would you have done differently if YOU, Mr. Altruist, were in Bezo's shoes? Please be specific and realistic.

Tom
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