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


To: Bocor who wrote (111151)10/26/2000 5:05:49 PM
From: Glenn D. Rudolph  Respond to of 164684
 
<<They only lost $2.7 million a day seven days a week.>>

Nice work if you can get it, and all the while Bezos is systematically funding his retirement and
that of his children, grandchildren and great-grandchildren by selling his stock.

Wonder when he will step uo to the plate and show us some insider buying since his stock is so
undervalued?


Bocor,

I really do not expect any inside buying. I may be wrong but I believe there has benn any. A few years ago my opinion was Bezos and the backers were trying to scam the public to cash out stock. I am starting to believe Bezos really believes in his firm. The problem, which becomes more evident each passing quarter, is Bezos is not a retailer and I do not believe he has hired enough highly experienced retailers. Bezos is great at changing market sentiment to chnage the price of the Amazon stock. He also (and this fits into the same category) is a top notch PR man. When AOL buys the remnents after Chapter 11, Bezos will still be scratching his head in my opinion. It will be a financially wealthy head<G>

Glenn