Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Harmond who wrote (95435)	3/2/2000 9:59:00 PM
From: Libbyt	Read Replies (1) \| Respond to of 164684

>He was completely out of line..... Predicting another company's demise is damaging.< I would agree with you that he was completely out of line. If I were with PHCM I would be calling the legal department! I just wasn't sure if this type of company "behavior" is something that occasionally happens at a conference where each company is promoting their own worth. I also thought that the comments I heard about CMRC made by another company were out of line...but they weren't quoted or published, so the "damage done" was probably minimal...and I'm sure others felt like I did, that the remarks made were very one-sided and self serving. Libbyt

To: Bill Harmond who wrote (95435)	3/3/2000 3:02:00 AM
From: KeepItSimple	Respond to of 164684

>Every once and a while someone says something so completely over-the-top > that you just roll your eyes, because you see it in emotional context. Naveen is nothing more than a common crook. In the early days of Infospace (3-4 years ago) he broke nearly every contract he signed. Mark Haines grilled him on Squawk Box a while back because of all the contract complaints, and naveen said "We didnt really have the money to honor every deal we made" After nearly being sued into the ground by Hoover's for stealing their entire database and posting it to his site while refusing to pay, he finally wised up and started obeying the law. Well, except when he screwed one of the early executives out of his share of the IPO profits- the guy sued for millions and Naveen publicly called the suit "Groundless". After the laywers presented their evidence, Naveen quietly settled for an amount of shares that are today valued at over 100 million dollars. He's also sold around 300 million dollars of his personal shares to date, while his company has yet to report a profit when interest income is subtracted. This guy is a crook, plain and simple. He only obeys the law when he gets caught, and then only after significant legal pressure is brought upon him.