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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: Glenn D. Rudolph who wrote (59372)	5/31/1999 2:22:00 PM
From: H James Morris	Read Replies (1) of 164684

>>You should know that as an engineer<< Glenn, if I recall you were an industrial engineer. I think we engineers lost our asses betting the "Thing" down last year, than any other occupation. Now new economy MBA's?? That's different. Have you read about real-option analysis?? If you haven't? Then read Real options: Managing strategic investment in an uncertain world, by Amran and Kulatilaka. Go page 124 of business week "But like standard npv, eva undervalues a company such as amazon.com Inc. that's losing money now because it's spending tons of $money creating options for the future". Maybe after reading this all of us shorts will BTC.

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