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

To: Sarmad Y. Hermiz who wrote (66128)	7/2/1999 10:30:00 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 164687

>Is it designed to be fraud from the start, or does it just turn out that way ? The difference between Amazon Natural and the vast majority of internut stocks is really not that big. Both will likely never show a profit, both live and die on press releases instead of any fundamental business operation, and both are almost certain to be delisted within a few years. Most internut stocks are indeed engineered to go public and nothing else, but what else is new? I guess the only fundamental difference between Amazon Natural and the average internut stock is about 100 dollars per share. Can anyone name ANY internut stock besides AOL or INTC/MSFT/CSCO that could trade above 10 bucks a share if it had a P/E of 30 or less? Didnt think so. Total destruction is coming- its only a matter of time..

To: Sarmad Y. Hermiz who wrote (66128)	7/3/1999 10:59:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164687

Good article. I wonder what motivates people to start up a business such as Amazon Natural. Is it designed to be fraud from the start, or does it just turn out that way ? Sarmad, It is my opinion (very important comment here <G>) that Amazon Natural was started strictly to make money for from the sales of insiders stock. I have th eopinion it was fraud from the start especially based on the the press releases. The problem was the stock never went high enough for the insiders to become rich so they are complaining now;-) Do you know Jan by the way? I met her when she and I were both long USRX prior to it being bought by COMS and USRX was sinking. We did a long study on option open interest. Good lady. Glenn