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

To: H James Morris who wrote (133071)	10/18/2001 5:38:38 PM
From: craig crawford	Respond to of 164684

>> The problem with commodities is they tend to be slow moving. << was palladium's rise from $150 to nearly $1100 "slow moving"? was the move in oil from near $10 to $38 "slow moving"? how about the move in natural gas which went from $1.50 to $10. slow moving? commodities can move plenty fast, and they haven't even got warmed up yet. with the leverage that can be employed you can generate vast returns in a short amount of time. p.s. you are a dreamer if you think you can go back to the hey days of the 90's and get decent returns from tech stocks going forward.

To: H James Morris who wrote (133071)	10/18/2001 5:55:34 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

Excerpts from The Watt Street Journal On-Line: "The consolidated complaint, at more than 200 pages, outlines the same allegations about Amazon, but adds some new ones. One charge is that Amazon allegedly sought to make its cash balances seem larger than they were by holding millions of dollars of accounts payable for "months longer than was commercially reasonable," then allegedly threatening to halt business with suppliers if they didn't agree to acquiesce to the payment delays." "The complaint, which originally named Amazon, Chief Executive Jeff Bezos, and Chief Financial Officer Warren Jenson as defendants, adds a number of figures peripheral to Amazon as defendants in the case, all of whom allegedly participated in the company's misconduct. Amazon's venture-capital backers Kleiner Perkins Caufield & Byers, Morgan Stanley analyst Mary Meeker and Credit Suisse First Boston analyst Jamie Kiggen were among the more than dozen new defendants in the case." interactive.wsj.com