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

To: Steve Yuan who wrote (57462)	5/19/1999 9:39:00 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

> Bezos know his stock will plunge. Therefore he is hoarding all these cash for > stock buyback. Or more likely, Amazon needs the cash to buy puts on its own stock, and quickly. Isnt it funny how Dell made more money in the last 2 years by selling puts, than through operations? If an insider at the company had sold puts and made that cash personally, he would have been thrown in jail for insider trading. But the "company" can act on insider info all it wants, with impunity. (Even when the insiders are compensated with Dell stock, which increases in value partially due to the profits made through "corporate" insider trading.) How we managed to get to this point in the securities industry, will be of great interest to those who have to pick up the pieces after it collapses shortly.