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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 249.14+0.3%Nov 11 3:59 PM EST

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To: H James Morris who wrote (28748)12/2/1998 4:44:00 PM
From: OtherChap  Read Replies (2) of 164684
 
>Bezos was quoted as saying" he won't sell his shares".
>One week later he registers to sell 180,000.
>Whats wrong with this story??

Nothing at all, he simply found himself in the position of making a killing by dumping stock, or keeping his word. We all know the choice he made. And the choice he will continue to make at every possibility.

Bezos is not a CEO, he is a hedge fund manager. He knows how to make money in the stock market, but doesnt have a clue how to make money in the retail business. Luckily, he has some very sharp tacks working for him in the boileroom, er, PR department..
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