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

To: Glenn D. Rudolph who wrote (18535)	9/26/1998 2:08:00 PM
From: MSPutnam	Read Replies (2) \| Respond to of 164684

>> Jeff Bezos was a hedge fund manager prior to going into the retail business. Some might say that he's still in the hedge fund business and not the retail business.

To: Glenn D. Rudolph who wrote (18535)	9/26/1998 6:03:00 PM
From: uptick	Read Replies (1) \| Respond to of 164684

About Jeff Bezos... He was never a hedge fund manager on Wall St....He was a smart computer guy.. in the league of those at Long Term Capital ;) He wrote codes for trading and risk management systems at DE Shaw, a hedge fund here in midtown NYC. I don't know how much leverage they use but their strategy (quant/arbitrage) is similar to that of Long Term. It'd be interesting to know if Bezos let his hedge fund buddies manage any of AMZN cash. Given how much this company rely on interest income, i wouldn't be surprised if he gets aggressive with his short-term cash and securities... especially with the expected rate cut(s)in the near term.