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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.41+0.5%3:59 PM EST

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To: KeepItSimple who wrote (39810)2/13/1999 9:12:00 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
>I might buy AMZN if I see evidence that management is putting their shareholders'
>capital to work.


In addition to his house and the other $12 million in cash, Bezos has raised a net $1.1 billion via convertable bonds that will dilute the share price. He will now throw that money down the drain like the other $300 million and the $75 million prior to that.

Let's not forget how the shareholder's capital has made Covey a multimillionaire and she sells an average of $4 million per quarter. Then there is Kleiner Perkins, etc. And let's not forget the people that were "stolen" from Walmart.

Glenn
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