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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Mad2 who wrote (1716)	7/26/1999 9:25:00 AM
From: Paul Tran	Read Replies (1) \| Respond to of 3543

Junglee Heads Fierce over Role in Amazon.com The Long and Winding River Yesterday's piece about Amazon.com (AMZN:Nasdaq) and Junglee sparked a torrent of email from readers and consternation from Rakesh Mathur, a Junglee cofounder. Mathur confirmed he is leaving Amazon.com, but declined to discuss compensation or future plans. ... Citing "competitive reasons," the spokesmen declined to comment on whether Shop the Web support staff have been reassigned within the company. Steve Harmon, former senior investment analyst at Internet.com (see below), speculated the company "still needs the core technologies that Junglee provides" but will drop some aspects of Shop the Web. "They have to trim their scope somewhat and get to earnings faster. The stock is in danger of becoming a poster-child for perpetual losses." Capelli said: "I can't speculate how exactly [Shop the Web] will appear in the future. You'll be seeing ways in which we apply that technology. What exactly? Stay tuned." Yeah, yeah, yeah. I get it. Meanwhile, Capelli said Ram Shriram is relocating to the San Francisco Bay area (see, it is better here) and Amazon.com is "in the process of looking for a new vice president of business development." (I quickly submitted my resume. You can send yours to AMZN's Human Resource Dept.: 1516 Second Ave. Seattle, Wash., 98101.)