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

AMZN 229.60

+1.5%

3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (60712)	6/5/1999 11:54:00 AM
From: H James Morris	Read Replies (1) of 164684

>>Looking at Amazon's 10-K disclosure, the company is a prolific issuer of employee options. << Sarmad, this too makes Amzn the most controversial stock in America, or the whole world of new economy investing. You see Bezos likes to pay minimum wages to his poor loyal cult like followers, and reward them with stock lucrative stock options. The bulls like that because it gives him more $cash to throw @ his acquisitions.I might be wrong there? I believe he's also using stock for those bargain acquisitions. So that means more &cash to spend on his increasing expenses. The bulls also like the fact that his poor loyal cult like followers, will hang around for the next 10 years, waiting for Bezo to turn a profit. Us Amzn bears like the fact that his poor loyal cult like followers might attack him in his $12mil waterfront house, when 10 years are up, and he still hasn't turned that elusive profit. Ps Do you know what he'd say to that angry mob?? Give me another 10 years, and just trust me.<vbg>

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