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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (98018)4/25/2001 7:35:28 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
Looks like the Clown Prince is in trouble with the Feds:

quote.bloomberg.com

.04/25 18:05
Amazon.com Says SEC Asked About Bezos's Stock
Sales (Update1)
By Heather Landy

Seattle, April 25 (Bloomberg) -- Amazon.com Inc. received a request from the
U.S. Securities and Exchange Commission for information about stock sales
made by Chief Executive Jeff Bezos in the days before the public release of an
analyst's report.

``They've asked us for some information and we're happy to answer the
questions,'' said Bill Curry, a spokesman for the No. 1 Internet retailer. The
request came ``recently'' and wasn't categorized as an investigation, he said.
SEC spokesman John Heine declined to comment.

Bezos sold 800,000 shares of Amazon.com on Feb. 2 and Feb. 5, after the
company received a copy of a report by former Lehman Brothers convertible-debt
analyst Ravi Suria, and before the Feb. 6 release of the report to Lehman clients.
As late as March 12, Bezos said he was unaware of any investigation by
regulators.


Bezos has said that the Lehman report didn't reveal any new information or
changes of opinion. Suria, who left Lehman last month to join Duquesne Capital
Management LLC, recommended in the report that investors avoid
Amazon.com's convertible bonds.

Shares of Seattle-based Amazon.com rose 9.5 percent on the day of the report's
public release. The stock rose 41 cents to $16.09 today. The Associated Press
earlier reported the SEC's request for information.



To: Les H who wrote (98018)4/26/2001 12:48:55 AM
From: Les H  Read Replies (2) | Respond to of 436258
 
Good time Charlie's got the blues

boston.com