Amazon takes a hit

Enrique Diaz-Alvarez enrique at ee.cornell.edu
Mon Jun 26 14:26:28 PDT 2000


Doug Henwood wrote:


> TheStandard.com - June 23, 2000, 4:34 PM PDT
>
> Jeff Bezos' Lesson in Hinduism
> By Steven Zeitchik
>
> The company that rode Henry Blodget's bullishness to fame today
> learned what else can happen when anxious investors listen too
> closely to analysts.

Sheesh, you try paying your customers a little less to shop at your site, and the bastards give you the finger. Oh well. It was fun while it lasted. A great non-profit story: use stupid investor's money to subsidize customer's purchases of books.

The fun part is figuring out who's holding those 'bonds'.

Enrique

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