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


To: GST who wrote (122425)4/2/2001 1:34:48 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
Cut the crap, GST. Show me. If you quote, you must produce the source when challenged. Otherwise you're a liar. You don't want to be known as a liar do you?



To: GST who wrote (122425)4/2/2001 1:41:51 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
>You seem to have nothing but time on your hands, find the link yourself
ROFLMOA!
Gst, while I was gone how much money flowed into Scon?



To: GST who wrote (122425)4/2/2001 6:05:03 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
+Amazon CEO Wishes Hadn't Made Some Dot-Com Investments
04/02 12:53 PM (DJ)
Story 4927 *DJ Amazon CEO: 'Very' Committed To 4Q Profitability Goal

Story 5123 =DJ Amazon CEO -2: Speaking At Goldman Sachs Conference

By Ross Snel

Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--Amazon.com Inc. (AMZN) would have been better off if it hadn't made some investments in other dot-com companies in recent years, Jeff Bezos, the company's founder and chief executive, said Monday.

At Goldman Sachs' second annual Internet New Media and e-Commerce Conference in Las Vegas, Bezos was asked what he wished he'd done a better job at during 2000.

Referring to investments Amazon made in smaller e-commerce outfits like living.com and pets.com Inc., Bezos said, "If we could rewrite that bit of history, we would." Both of those companies have gone out of business.

The controversial executive said success in electronic retailing is based on scale and volume and implied that Amazon should have realized those two businesses did not have sufficient scale.


Bezos' comments echoed similar statements he's made recently about Amazon's investment strategy, which the company once touted as a big potential revenue generator.

Amazon's disclosure of the way it accounts for its investments in other dot-coms, and the way it received revenue from them, has become the focus of a continuing investigation by the Securities and Exchange Commission and some shareholder lawsuits.