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


To: H James Morris who wrote (116895)2/3/2001 12:17:54 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Many investors read that as a change of heart and the end of Amazon's much-touted mission to be the place to find, discover and buy anything on the planet.

Not so, said Amazon spokesman Bill Curry. "We have never said that we should sell everything, but that we would cooperate with other parties to do so," he said. He pointed to numerous examples on the site, such as CarsDirect and the gourmet-food link in the kitchen store as examples.



Not so Mr. Curry. Bezos stated in the confernece call after Q1 2000 that Amazon will continue to add additional product lines. The goal was for Amazon to be the place the consumer can find everything. That is not an exact quote but it is close. At that time, Amazon had an equity position in all of their partners and had enough equity to be on the board of each of these firms. This was in keeping with Amazon's 1999 stated goal to maintain some control of distribution and fulfillment of all products bought through Amazon and their partners. This was only a change to make it not complete control of all partners.

Anyhow, maybe Bill Curry and I could play a game of semantics. I am sure there is a copy of the conference call at the end of Q1 2000 and we could dig that out and see the exact quote. I am quite certain I can show that Bezos wording would have made the listener believe Amazon would be the place to buy everything on-line.

Maybe someone knows Mr. Curry and we could get him to participate here. We could clear up some confusion in the investment community and the media that covers it. Mr. Curry likely has access to a copy of a tape of that conference.

Hello Mr. Curry. Let's play this game.

Glenn Rudolph