Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Harmond who wrote (24706)	11/6/1998 11:19:00 AM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

For most of them Amazon is still most of their wealth. They should be diversifying away, regardless of their convictions. They're getting fresh options all along. I totally agree. Amzn currently has 53 million(not including the additional 9 M issued merger and employee options) issued/outstanding shares. Out of the 53 million, only 13 million shares is in the float. As far as the float goes, there is only one way, that's up! Current institutions own Amzn shares with very low average cost base(under $20). None of them are planning to add to their positions at this $120 level. Unless you are buying? Glenn is only trading.

To: Bill Harmond who wrote (24706)	11/6/1998 11:34:00 AM
From: Rob S.	Respond to of 164684

"All hail Amazon, the King of Internet Commerce!" My how the discussion of Amazon's "technical superiority" in Internet commerce has changed over just the past three months. A few months ago, NZMA was seen as being in a leadership role in the technology of the Internet. Market analysts, such as Lamie, said that Amazon had a significant lead that others would find difficult to catch up with. I agreed at the time that Amazon delivered advantages to their customers but said that it would not take that long for competitors, particularly B & N, to catch up. Take a look at B & N's site and then open another window on Amazon's: barnesandnoble.com amazon.com . Whereas as few months ago the distinctions were significant, today they are difficult to determine and mostly off-set by other features. I still give a slight nod to Amazon because of the more extensive reviews, a well carried out music site. In the context of the entire "web experience", B & N is now most of the way toward achieving parity or surpassing Amazon. Amazon announced that they will add software. B & N already has it. During the cc, Bezos touted the benefits of "single click ordering". B & N has it. Now Barnes online is 50% owned by Bertelsmann, the worlds largest print media and book club company, and the parent company own Amazon's largest book supplier. The company's press statement alludes to instant publishing of out-of-print titles using Ingram's capabilities. Hmmm . . . order a hard to get book or manuscript on-line and have it printed out on demand and shipped within 48 hours. That destroys Amazon's claim to having the most titles and out-of-print stuff. "Barnes & Nobel IS the largest supplier of on-line books on the planet".

To: Bill Harmond who wrote (24706)	11/6/1998 1:27:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

For most of them Amazon is still most of their wealth. They should be diversifying away, regardless of their convictions. They're getting fresh options all along. Insider buying (as an indicator) really matters more with mature companies. William, It is time to give up on this net stock. Move to others. Just friendly advice. Glenn

To: Bill Harmond who wrote (24706)	11/6/1998 1:41:00 PM
From: Tom D	Read Replies (3) \| Respond to of 164684

L. John Doerr bought 59,000 shares on July 24, 1998. He is on the board of AMZN, so he is an insider. biz.yahoo.com It is somewhat confusing because he is also listed as selling over 1 million shares. However, if you read the footnotes to the sales, those are just shares held by KPCB clients in his name. KPCB cannot prevent their clients from taking profits in this controversial company. The actual purchase has no footnote. There are no sales soley in Doerr's name. Best Regards, Tom