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


To: Glenn D. Rudolph who wrote (45917)3/16/1999 9:27:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>>I can say with certainty is we are missing a lot of information.<<
I'm going to be watching this case very closely. Not about Amzn or even it's stock price.
As you know, I'm a retired headhunter. Just like John Doerr was before joining Kleiner.
In my years in recruiting we would seek out and actually steal selected and targeted individuals.
We wouldn't call it stealing. We just called it offering people an opportunity that we hoped they wouldn't turn down.
In America that was, and still is, OK. It's what they call freedom of choice.
Now, where this case will get interesting is what they call proprietary rights. You see, its legal to steal Wal-Marts employees but not Wal-Marts proprietary rights. In this case we're talking about Wal-Mart's software. Wal-Mart has invested hundreds of $millions in their software and that's part of the reason for their much admired success.
They're world leaders, big time, and, that's why everyone should have their stock. If they had changed their name to Wal-Mart.com no one could ever afford it. Right?
What will be the test is, can Wal-Mart prove that the former employees took with them Wal-Mart's proprietary rights.
Right now, not knowing what Wal-Mart knows its a tough call. But if Wal-Mart could prove that Amzn stole, and is using Wal-Marts software or technology for competitive gain, the court could order Amzn shut down.
Now Glenn. Please don't go out and short the "Thing" again. Over what I just said.:-)