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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.37+0.2%Dec 2 3:59 PM EST

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To: AmericanVoter who wrote (30938)12/23/1998 7:59:00 AM
From: KeepItSimple  Read Replies (1) of 164684
 
>Mr. Bezos sale of 180,000 shares represent 1% of his
holdings excluding
>options...

This sort of thing always comes up to try and quiet investor's fears when large insiders dump shares. You do understand that Bezos could never sell all of his shares because Amazon would drop to around 2 dollars if he tried it all at once, dont you?

He has to do it slowly. The mere fact that he was quoted in GQ magazine as saying he'd never sell a single share kinda contradicts his actions. (Does anyone know WHY he said that or have a page and issue number? i'll run across the street to the library and dig it up)

Everyone, be happy, but sell by Jan 4 if you want to keep your profits.
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