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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.10+2.5%Nov 24 3:59 PM EST

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To: Robert Rose who wrote (57257)5/18/1999 3:06:00 PM
From: Glenn D. Rudolph  Read Replies (3) of 164684
 
Glenn, with all due respect, yes you do seem stuck in one. For a
long time I took your anti-amzn posts seriously, but then I realized they were just sour
grapes after your painful experience shorting the stock. But sometimes I still feel it's not
just that, that you really don't still somehow get it, after all the great input from William,
Mark, and so many others. Am willing to be corrected on this.


Robert,

My posts about AMZN are not sour grapes. My shorting was a long time ago. I believe that AMZN will fold. It will take time since the equity markets throw so much money at them. I believe they are going to stop throwing them money now.

I am a true retailer and understand retailing well. It is my sincere opinion that Amazon's business model is a failure. It has failed so far and will eventually run out of cash.

I did not take your post as a flame. You are not the flaming type.

Wiliam and I have a gentleman's bet on the future of AMZN. Even though William is incorrectabout AMZN, that does not make him a bad investor. The same goes for Mark. I am willing to listen but every scenerio I see with AMZN spells long term failure.

I am sincere.
I am long AOL, YHOO, CSCO and many other net related stocks but I can't go long AMZN due my lack of belief in the honesty and integretyof the management. That is my opinion.

Glenn
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