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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Tom D who wrote (61523)6/10/1999 12:53:00 AM
From: Tom D  Read Replies (1) | Respond to of 164684
 
One footnote...

<<BEZOS, 35, founded the popular e-commerce site in 1994. The company went public three years later...>

This is from the interview yesterday on MSNBC. Speaking of MS, as you recall, in December 1995 Bill Gates published a book called "The Road Ahead", and managed to not mention the internet in the entire book. {What did the internet have to do with the Road Ahead anyway?)

A year earlier, Bezos founded AMZN.

Glenn, are you sure that Bezos is just some stupid-but-lucky goof who happened to be in the right place at the right time?

Tom



To: Tom D who wrote (61523)6/10/1999 11:44:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
I don't actually know Bezos or anything about his private life. I don't mean to beat you
up on this. I think I must agree to disagree with you on this one.


Tom,

That is fine. You are always the perfect gentleman. That is one of your many great traits.

Incidentally, (now this will really make you mad) I still have about 65% of my original
number of stake in AMZN--I sold some and they bought a lot of it back. I see AMZN as
becoming a miniature internet keiretsu within Kleiners larger internet keiretsu. I hope it
will double for me a couple more times in the next few years.


This does not make me angry a bit. I hope you do well. I am cocnerned about AOL with the annopunce slowing subscriber growth todya:-(

OT

My thesis is that Bezos brought a huge amount of talent and intellect to AMZN (himself).
He invested personal capital, enormous amounts of time and stress and paid an
opportunity cost--he could have done something else with his life instead of the AMZN
project.


I did too to start my jewelry stores. I never used the equity market's money. I used my own by living in 1/2 a mobile home for five years. Moved into an aprtment (an efficiency after that) but did not throw away the junk bond holders money like Bezos is doing.

Remember this is off topic. Is has nothing to do with the future of AMZN.

The best of luck to you.

Glenn



To: Tom D who wrote (61523)6/10/1999 11:44:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
I don't actually know Bezos or anything about his private life. I don't mean to beat you
up on this. I think I must agree to disagree with you on this one.


Tom,

That is fine. You are always the perfect gentleman. That is one of your many great traits.

Incidentally, (now this will really make you mad) I still have about 65% of my original
number of stake in AMZN--I sold some and they bought a lot of it back. I see AMZN as
becoming a miniature internet keiretsu within Kleiners larger internet keiretsu. I hope it
will double for me a couple more times in the next few years.


This does not make me angry a bit. I hope you do well. I am cocnerned about AOL with the annopunce slowing subscriber growth todya:-(

OT

My thesis is that Bezos brought a huge amount of talent and intellect to AMZN (himself).
He invested personal capital, enormous amounts of time and stress and paid an
opportunity cost--he could have done something else with his life instead of the AMZN
project.


I did too to start my jewelry stores. I never used the equity market's money. I used my own by living in 1/2 a mobile home for five years. Moved into an aprtment (an efficiency after that) but did not throw away the junk bond holders money like Bezos is doing.

Remember this is off topic. Is has nothing to do with the future of AMZN.

The best of luck to you.

Glenn