SI
SI
discoversearch

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: H James Morris who wrote (28748)12/2/1998 4:44:00 PM
From: OtherChap  Read Replies (2) | Respond to of 164684
 
>Bezos was quoted as saying" he won't sell his shares".
>One week later he registers to sell 180,000.
>Whats wrong with this story??

Nothing at all, he simply found himself in the position of making a killing by dumping stock, or keeping his word. We all know the choice he made. And the choice he will continue to make at every possibility.

Bezos is not a CEO, he is a hedge fund manager. He knows how to make money in the stock market, but doesnt have a clue how to make money in the retail business. Luckily, he has some very sharp tacks working for him in the boileroom, er, PR department..



To: H James Morris who wrote (28748)12/3/1998 7:20:00 PM
From: Satellite Mike  Read Replies (2) | Respond to of 164684
 
Wow! This stuff gets pretty crazy, hasn't it?
I'm afraid I added three extra zeros. That would
have been almost 100 Billion dollars worth of
stock--500 million shares! Why did BAMM insiders
sell so soon--BAMM was only valued at about 500
million? BAMM's apparently the 2nd largest U.S.
chain of bookstores (171 stores). Insiders there
also have filed to sell some 500 million or so.
How frustrating it must be for these insiders that
this info. has to be public info.

Mike