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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.55-1.6%3:59 PM EST

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To: Robert Leverton who wrote (32705)1/5/1999 11:24:00 PM
From: Victor Lazlo   of 164684
 
<< If the value of the e-commerce companies are for real, why are there no acquisitions and consolidations occurring within the e-commerce community. Could it be they realize the unrealistic prices and refuse to pay them?>>

Robert- Some months back, Mindspring bought a small unit from AOL. The sales price per subsciber in the transaction worked out to less than 20% of the Mindspring mkt cap per subscriber at the time. And who would know the value of internet subscribers better than aol and Mindspring?

Victor
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