To: Ahda who wrote (1489 ) 3/12/2001 10:43:42 AM From: Ahda Respond to of 24758 technology.scmp.com "The founder and chief executive of the Internet's leading, Amazon.com, has told small investors not to put their money into Web stocks, the BBC reported on Monday. "We are not a stock you can sleep well with at night," Jeff Bezos was quoted as saying by the BBC ahead of his appearance on the network's Money Programme on Wednesday. "We think over time we'll build a very valuable company," he said. "But for a short-term investor, or for a small investor, I would not invest in Internet stocks." This company as E toys should of promoted world retail e commerce. I have great respect for this mans honesty be it a shade late. I tend to think the shade late was just an awareness of how much these operations cost. The old telephone with party lines only this one has hacker lines. I wonder how many credit cars have been hacked and how much this problem costs banks and tech both. Delivery costs too plus the trace on the one order that gets lost. Do not forget to install a fire wall and keep that computer intruder proof. Sure, in my case this amounts to, Grace help . So much simpler for banks as to where you used your credit card last purchase was tracked down to and then whoops many new debits. I will never forget when i got notified for my son that citi bank was canceling his account He was in Texas and his card was being used in New York. Somehow a persons at the other end of the phone managed to assist him by allowing the continued use of that credit card in the region he was staying in. I suppose small charges don't matter, sort of like what happens in a piggy bank with nickles and dimes only this is called debit up. Amazon has lost about 80 per cent of its value over the past year amid concerns that the online book and music retailer will never turn a profit. Shares in the firm fell back from earlier gains last week after cold water was poured on reports that Mr Bezos had met the chief executive of United States retailer Wal-Mart to discu>ss a potential tie-up. On Sunday, the firm dismissed charges that it was suffering "a credibility crisis" after questions about the reliability of management comments were raised by a group of US security analysts.