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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: H James Morris who wrote (27372)	11/20/1998 1:08:00 PM
From: Tom D	Read Replies (1) of 164684

I don't love Bezos. My assessment is that he is one of the more talented CEO's. He is leading his company to compete in a market which does not really exist yet. He is making moves and seeing things that are years ahead of what most people who criticize him are able to see. His ethics are probably not better or worse than most CEO's. He only is rewarded when he sells stock. He has sold 1% of it. If AMZN is a house of cards, a fraud, a scam, etc etc (lots of posts have more hate-filled adjectives) Bezos will lose billions. If he seriously tried to sell stock, the price would collapse. He does not really have billions if they are totally illiquid. He has plenty of incentive to create value on a long-term basis for shareholders. I don't have a problem with this method of compensation. He cannot reap billions in stock sales until the company proves itself. This seems rather just to me. Tom

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