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  • kdp2561 kdp2561 Jul 25, 2000 2:13 PM Flag

    Longs here have to be honest

    with themselves. If the COO was no good to begin
    with why was he hired by Bezos. If the COO was no
    longer needed then Bezos should have given him the

    So, which is it?

    Was Bezos wrong for keeping
    the COO on?

    Was Bezos wrong for hiring him to
    begin with?

    Is Bezos wrong now for thinking that
    AMZN is not in trouble? (This event makes me think the
    COO thought they were.)

    Anyway you slice it
    Bezos made a mistake. Either he hired the wrong guy and
    didn't know it or he hired the wrong guy and knew it but
    was afraid to do anything lest it disturb AMZN's
    turbulent stock price. If he was wrong about that then he
    could be wrong about everything -couldn't

    Slowly we are seeing the de-mystification of Bezos and
    as AMZN is more scrutinized he will be too. His
    mistakes will be magnified 100 times over until investors
    slowly realize that he is wrong about his entire
    business model.

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