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

To: Glenn D. Rudolph who wrote (140634)	3/16/2002 11:15:08 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Glenn, is there any insider buying going on at Amazon.com? This is what Warren Buffett thinks about insider selling. >>4. Whether investing directly in stocks or using funds, look for managers who "eat their own cooking" in the parlance of the trade -- that is, put their own money on the line right alongside ours. Though that may not guarantee success, it sure cuts down on conflicts of interest. At a stage of life when nobody could fault him for cashing out some of his money, Buffett says he still has more than 99 percent of his net worth committed to Berkshire and has never sold a share of the stock. In addition, he says, he and vice chairman Charles Munger refuse to take any stock options or other special compensation that "would make our results superior to yours." That's far from typical. At many companies, you hear all the time why extra-sweet deals are necessary to attract top executive talent. Funds claim it's unreasonable to expect their managers to keep all their personal assets in one place. These common explanations are so widely accepted they're almost routine. When you apply Buffett standards, though, they don't impress. seattlepi.nwsource.com