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

To: Glenn D. Rudolph who wrote (133977)	11/1/2001 11:34:07 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>Amazon may have won an award for investing worse that I. How many times have I told you DON'T FEEL ALONE? I bought NXCD at 10 because I bought into the hype that Internet users were the creme del a creme. I guess the moral to my story is there must be a lot of internet users committing fraud or not paying their credit card bills.:) Btw As usual NXCD was a Kleiner deal. >NextCard went public on May 14, 1999 at $20, for a market valuation of $873 million. DLJ was the lead banker on the IPO. In December 1999, DLJ and Goldman Sachs helped NextCard go back to the market and raise $298 million in a follow-on offering. At that time, insiders sold 3.5 million shares, or 43 percent, of the 8 million shares sold at $35.94, according to Dealogic.

To: Glenn D. Rudolph who wrote (133977)	11/1/2001 12:15:36 PM
From: H James Morris	Respond to of 164684

>Amazon isn't alone. >But Berkshire is the exception that proves the rule. "When you give a dollar to Warren Buffett, you know exactly what he is going to do with it," says Wharton professor Metrick. For most managers, the best advice is, Don't pretend you're Buffett. Stick to what you know, or give us back our cash fortune.com