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


To: H James Morris who wrote (93046)2/4/2000 7:03:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
>Even if they don't believe the Amazon story, it's in their self-interest to do so.
Glenn, I sold all of my Amzn today at 81. Need I say more?
The thing that concerns me is if Amzn tips I'd better sell all of my Internet speculation stocks
before the swinging door hits my ass. And I was hoping not to have to do it for at least a
few months more.


James,

That is part of my feeling on CMRC too. Amazon bit me on the long side but the lie they made during the conference call may take other related issues down with them. I did not hear the conference call so do not have the exact wording but unless Amazon's management stated books were profitable excluding general and administrative expenses they lied and knew they lied.

I am going to lissen to conference call so I may hear the exact words used about books and if they did not exclude general and administative expenses, I am filing a complaint with the SEC.

There is enough dishinest on Wall Street but this is too obvious and should be addessed by regulators.

In the meantime, I may sell CMRC on Monday. I am not taking chances this lie becomes obvious to the Amazon bulls that have no clue about counting and they start selling internet stocks.

Glenn



To: H James Morris who wrote (93046)2/4/2000 7:49:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
I filed a complaint requesting the SEC to investigate the profit statements by Amazon.com.

This is the form reply when one files a complaint:

"Thank you!

This response confirms that the Division of Enforcement of the United States Securities and Exchange Commission has received
your complaint.

We are always interested in hearing from members of the public, and you may be assured that the matter you have raised is being
given careful consideration in view of the Commission's overall enforcement responsibilities under the federal securities laws. It is,
however, the Commission's policy to conduct its inquiries on a confidential basis. The Commission conducts its investigations in this
manner to preserve the integrity of its investigative process as well as to protect persons against whom unfounded charges may be
made or where the Commission determines that enforcement action is not necessary or appropriate. Subject to the provisions of the
Freedom of Information Act, the existence or non-existence of an investigation as well as information which may be gathered
thereunder is not disclosed unless made a matter of public record in proceedings brought before the Commission or in the courts.

Should you have any additional information or questions pertaining to this matter, please feel free to communicate directly with the
undersigned at Mail Stop 2-2, 450 Fifth Street, N.W., Washington, D.C. 20549-0202 or via e-mail at enforcement@sec.gov. We
appreciate your interest in the work of the Commission and its Division of Enforcement.

Very truly yours,

S/
John Reed Stark
Chief, Office of Internet Enforcement "