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


To: Glenn D. Rudolph who wrote (141624)4/19/2002 10:55:55 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Glenn, poor Jeff's salary stays at $81,840 pa. That must be why he had to sell 2,950,000 shares a couple of months ago. >>BEZOS JEFFREY P CB 2/8/2002 Sell
2,950,000 $11.640<<
Bezos' salary stays at $81,840
Jeff Bezos, the chief executive and founder of Seattle online retailer Amazon.com, drew a salary of $81,840 in 2001, according to a proxy filed yesterday with the Securities and Exchange Commission. Bezos has drawn the same salary for at least three years.

As in previous years, he didn't collect a bonus in 2001. Bezos is the company's largest shareholder, with 111,763,566 shares of Amazon.com stock, or 29.8 percent of the class.

Mark Britto, senior vice president at Amazon, received a 29 percent raise in 2001. His salary climbed from $116,000 to $150,000.

He also received a $1 million bonus, part of a promotion bonus awarded the year before.

Amazon shares closed yesterday at $14.26.



To: Glenn D. Rudolph who wrote (141624)4/19/2002 11:58:50 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>>Last Update: 11:28 AM ET April 19, 2002

SAN FRANCISCO (CBS.MW) -- Back in 1999, many believed companies would be outsourcing their Internet infrastructure and they'd do it overnight. That's what drove the valuation of Akamai to $20 billion one month after going public that year.

Fast forward: It's not happening the way we expected.
"Are we ready for this gigantic migration to Web outsourcing?" asked Adam Holiber, an analyst at Wedbush Morgan Securities. "Not yet. We're still waiting."

Akamai (AKAM: news, chart, profile), which derives about 85 percent of its sales from a service to help speed up the delivery of content, announced its quarterly results late Thursday that were in line with estimates, but brought down its revenue goals in the current quarter to about 8 percent below analysts' expectations.

Its outlook remains "challenging," wrote Sanjay Puri, an analyst at Thomas Weisel Partners. Akamai remains a "show me" stock. Shares of Akamai fell 12 percent to $3.63 Friday, and it now carries a market valuation of about $419 million.