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


To: H James Morris who wrote (122154)3/29/2001 9:00:16 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
If that's what Gladman tells you, Gladman is wrong.



To: H James Morris who wrote (122154)3/29/2001 10:44:39 PM
From: gladman  Read Replies (4) | Respond to of 164684
 
I have reached an out of court settlement with Bill, I won't reveal anymore stats from his hard-drive, in return I get 3 onions and a promise he won't call you a liar anymore.

I listened to the MU CC this afternoon, totally hilarious as the Idaho folks sounded like a bad rerun of 'Wayne's World' broadcast from their mom's basement. Inventory increasing, sales decreasing, margins decreasing and they offered no guidance.



To: H James Morris who wrote (122154)3/30/2001 2:52:07 AM
From: Glenn D. Rudolph  Respond to of 164684
 
According to a person familiar with the matter, Amazon Chief Financial Officer Warren Jenson recently flew to Paris to meet with officials of Euler, whose U.S. unit, Euler ACI, is the largest insurer of trade credit in North America. Euler has received numerous requests from Amazon vendors for insurance in recent months, says this person, who doesn't know whether Euler has agreed to insure Amazon accounts. Amazon declined to comment on the matter; Euler, saying internal information is proprietary, also declined to comment.



Clearly the decision was not to insure or Amazon would comment stating AIG decided to provide insurance. AIG would have privacy difficulties if they announced publicly they will not insure Amazon. The timing is following the working capital decrease to zero and then below.