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

To: Bill Harmond who wrote (64665)	6/25/1999 3:53:00 PM
From: Mama Bear	Read Replies (2) \| Respond to of 164684

The insider buying is old, and at an average under 15. It's also only one insider. They failed at their first try selling custom CD's over the 'net, now their a security wannabe that should be valued like VRSN. Barb

To: Bill Harmond who wrote (64665)	6/25/1999 4:11:00 PM
From: Craig Richards	Read Replies (3) \| Respond to of 164684

Hi William, Re CUST: But how many business plans ago did the insiders buy? I think that buying was due to excitement over their plans to sell downloadable music over the internet. They scrapped that business plan and now are developing the next best internet payment system. This is a company with no sales and no revenues, and almost no public information about what they are developing. It's a development stage company. At least VCs get to see what they are buying. So you're recommending a company because there was a lot of insider buying in the past, at lower prices, and because it's associated with the internet? Any other reasons? Regards, Craig

To: Bill Harmond who wrote (64665)	6/26/1999 11:31:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>>I wouldn't bet against insider buying<< William, if you like insider buying so much, why do you like Amazon.com? Since I've been following this stock I've never seen a single share of insider buying, only lots, and lots of insider selling. I'm assuming that you like Amzn because of its institutional ownership? I must admit that's the main reason us shorts should stay on our toes. I was impressed with Amzn's resilience last week. What new comers like Eric must understand is, its not about what anyone here thinks, its about what the elephants are doing. Ps Lets ask Glenn when we can get an institutional ownership update.