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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 3:59 PM EST

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To: TwoToTango who wrote (59192)5/30/1999 12:19:00 AM
From: Bearded One  Read Replies (1) of 164684
 
Bezos could convince me in one minute:

I believe that Amazon is a fraud and that the Barrons article is right on the money. Bezos could convince me otherwise in one minute with one statement-- that neither he, nor any insider, will sell any of their shares of Amazon until they have a profit for two successive quarters.

Remember-- it used to be that most companies couldn't even go public until they had several years of sustained profitability. And certainly the insiders couldn't sell shares for a couple of years after that!

Anyone else here have enough faith in the company to forswear selling their stock until Amazon turns a profit?

Didn't think so. You're all after selling it to the next fool. But the word is, you're all the last fools in line. The game is over on this puppy. Maybe a few short-term rallies, but that's it.

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