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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%3:59 PM EST

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To: tonyt who wrote (54406)4/30/1999 7:21:00 PM
From: Bill Harmond  Read Replies (2) of 164684
 
>>His statement that the long-term stratagy was continued losses was the most ridiculous statement I've ever heard from a CEO.

He didn't say that. He said (actually Joy said) that building the most sophisticated and expensive distribution network now at great loss is the only reasonable choice to insure long-term shareholder value. In other words: do it once, do it ahead of demand, and do it right.
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