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

To: MSI who wrote (57275)5/18/1999 4:52:00 PM
From: Bill Harmond  Read Replies (4) | Respond to of 164684
 
What does the stock price have to do with management's integrity? I think alot. The principal reason Amazon is so expensive is that the Street believes what they hear and has faith in the long-term model and management's ability to execute against plan.

If there were credibility issues this company would be trading at a discount to the market regardless of daytrading interest.



To: MSI who wrote (57275)5/18/1999 7:59:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
How do you quantify the benefit of the last $650 million purchase? From a technology
point of view it looks overpriced by three orders of magnitude,

I am still trying to figure out why Amazon purchased Planetall. I know they used stock but geeez.

I am open to an explanation for that purchase.

Glenn


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