Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.60

+1.5%

Nov 25 3:59 PM EST

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To: Glenn D. Rudolph who wrote (57294)	5/18/1999 10:08:00 PM
From: MSI	Read Replies (1) of 164684

Now they are using the recent secondary funds to help fund Kleiner Perkins firms. It has to be recognized that these interlocking relationships help stabilize the stock price beyond any analysis of valuation. Given their willingness to do that, makes it act unlike a regular company that has to earn a living, like the chabols and kieretsus. As long as they stay willing, and as long as there isn't a general correction of net stocks, it could carry on for a long time w/o profit, w. $$ being fed into the top of the system from the huge IPO arbitrage and an unknown amount of trading gains every month. The thing about AMZN is that Bezos has enough stock under control to make it work.

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