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


To: Glenn D. Rudolph who wrote (54530)5/1/1999 8:31:00 PM
From: MSI  Read Replies (1) | Respond to of 164684
 
They have a fudicary duty to get their best clients out at a decent price.

That might already have been done. Listening to McNamee, and Barron's it seems like the internet-industrial complex has already reached an agreement that amzn has to sink for a while. But it may not matter.

Here's an entertaining superbull conspiracy theory: it has to be done because Bezos now has the infrastructure to threaten other net businesses besides auctions, and other conventional businesses besides WMT. Kind of like Milken had to go down for democratizing capital in the 80's because it threatened GM.

I don't believe it either, but it'll play better in the movie version.

The reason is more like a simple loss of confidence, as mentioned.

Here's another theory for how to prevent free-fall of the stock price. Hypothetically let's say clever JB has made previous agreements that have netted, say $2b in cash. Now, if only 10% is in weak hands, that's enough to keep the share price at this level forever. By doing that he can have kind of a private unnanounced buyback scheme, w. a 5X leverage on the value of the rest of his holdings.

Wouldn't you?