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To: Glenn D. Rudolph who wrote (69511)	7/25/1999 9:29:00 PM
From: Eric Wells	Read Replies (1) \| Respond to of 164684

From the Salon article: >>"Revenues? We don't need no stinkin' revenues!" >>read one entry on a top 10 list of "Reasons to Go >>Public" that one of the conference hosts, Bill >>Gurley of Benchmark Capital, read to the >>amusement of the crowd. Bezos offered a similar quip: >>When book publishers miffed at Amazon.com for allowing >>customers to post negative reviews would tell him, >>"You don't understand our business -- we sell books >>to make money," he'd reply, "No, you don't understand >>our business -- we don't make money." >> >>Ha, ha. In the context of such humor, a reminder >>from Charles Schwab president David Pottruck that >>this is an "unusual time" -- and ultimately "you need >>to have a clear sense of how you're going to make >>money" -- came off as the nag of a party-pooping fogey. Maybe I take profits too seriously - but it disturbs me to see Bezos make jokes about his company's lack of profits. -Eric

To: Glenn D. Rudolph who wrote (69511)	7/26/1999 12:49:00 PM
From: H James Morris	Respond to of 164684

>>As executives and financiers like Yahoo's Tim Koogle, America Online's Bob Pittman, Softbank's Masayoshi Son, Amazon's Jeff Bezos and John Doerr of Kleiner Perkins stepped forward to detail strategies and rate competitors, the room became suffused with a strange mixture of giddiness and paranoia, self-confidence and insecurity -- the heady psychic brew that fuels most Internet companies today. We're unstoppable -- but we never stop looking over our shoulders! This is as big as the industrial revolution -- but if we're not careful we'll wind up as yesterday's fad! Stock prices are unreal -- but we're buying as fast as we can!<< Glenn, I can think of several fad's. Hula Hoop's, Davy Crockett hats, etc, but the fad of all fads history will record as eBay.