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


To: KeepItSimple who wrote (30819)12/22/1998
From: getgo234  Read Replies (2) | Respond to of 164687
 
AMZN as of December 18 was the 14th most heavily weighted stock in the
new NASDAQ 100 Index. Perhaps after todays action it will move up several slots. Perhaps we should have a contest to guess how high
up in the rankings AMZN will get before it ever reports a quarterly
operating profit. Sure would be nice to be one of the 10 largest
non-financial stocks on the NASDAQ before ever making a profit. We may have passed Applied Materials in market value today. AMAT is by far the largest semiconductor equipment manufacturer in the world. AMZN deserves it, after all it is going to be a highly profitable business one day MAYBE.



To: KeepItSimple who wrote (30819)12/22/1998 12:13:00 AM
From: Tradegod  Read Replies (1) | Respond to of 164687
 
Remember, he was a HEDGE FUND MANAGER in his previous career.

Actually that part of his resume is unclear from what I've been able to uncover. What I had believed was that he was a computer programmer(degree from Princeton with honors: double major; Computer Science and something else) who was hired by a wall street firm in a programming capacity. He worked for a couple of years there and then went to D. E. Shaw which is hedge fund company. His resume simply says he made it to "vice president" faster than anyone else. It never specifically says that he "managed" a hedge fund. I wouldn't be surprised if he was involved with IT at D. E. Shaw. Nonetheless, we know this: He knows a great deal about computer systems, and he knows a great deal about wall street workings. Not a bad combination.

He's just an idiot when it comes to timing his stock sells. I mean unload a chunk last month at a paltry 125? Only other people that dumb were Michael Dell and William Harmond! :)



To: KeepItSimple who wrote (30819)12/23/1998 8:03:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164687
 
Obviously, he knows how to make himself rich- and he has shown he doesn't have a clue
how to sell a single retail product profitably. Maybe he should hire Glenn? :)


Due to the AMZN losses, I could use the second job:-)

Glenn