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

To: Eric Wells who wrote (76385)	9/3/1999 12:55:00 AM
From: Bill Harmond	Read Replies (1) \| Respond to of 164684

Eric, I don't think there is anything positive about this. I'm glad they're not operating at capacity, but snags in expensive projects are never good...always costly.

To: Eric Wells who wrote (76385)	9/3/1999 8:35:00 AM
From: Glenn D. Rudolph	Respond to of 164684

>Amazon Vice President Retires This is remarkable. How can an executive retire after only a year? Wright essentially made $7.5 million in advising Amazon on how to spend more money - was his one year contribution to the company really worth $7.5 million? And this $7.5 million is being subsidized by Amazon shareholders. Eric, There is a bit more with the 10 to 15K other remaining shares. He even left a lot of options on the table. I believe Bezos has no clue as to where he is headed by permitting a contract to pay a "new employee" that amount in such a short time. One may read into this that the distribution centers are not working properly although that is not conclusive. The poor Vice Presidend does not need more money since it would only go into his children's trust funds anyhow. By the way, Amazon is very active in pre-market trading. Glenn

To: Eric Wells who wrote (76385)	9/3/1999 1:26:00 PM
From: re3	Read Replies (1) \| Respond to of 164684

Hi Eric...guess amzn wasn't impacted by the retirement... i saw a document regarding bankruptcy of a small cap Canadian company...the American president not only had a salary of a million us $ but got perf bonuses of .5 milllion... for what i don't know, the co. went bankrupt b/4 his first 12 months were completed...it probably would have under any jurisdiction, but this is awful treatment of the shareholders...no one stands up and says , prospects are bleak, we will close up shop and disperse whats left to the shareholders...why would they...being in senior mgmt is a ticket to easy street...when the stock goes down, dumbfounded shareholders get their questions blown out of the water at the annual meeting and sheepishly average down to make themselves feel better what a world ike

To: Eric Wells who wrote (76385)	9/3/1999 9:48:00 PM
From: Victor Lazlo	Respond to of 164684

Good for Wright. He should enjoy his 7.5 million and do it with a clean conscience. Look at Bezos- is he really worth 70 billion or whatever? Not on my yardstick. Next is Joe Galli- watch him retire in 18 mos with his 3 million shares, and you'll be asking the same question. This is not a growth company - it is a stock machine. Grab it while you can. (unless you're buying from outside on the street of course - in that case you are the sugar-daddy, and thanks, by the way.)