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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 222.55

-4.4%

Nov 18 3:59 PM EST

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To: H James Morris who wrote (68544)	7/21/1999 2:58:00 PM
From: Eric Wells	Read Replies (2) of 164684

MPPP - the trading does seem to be a bit manic. From what I could find, the float was 12.3 million shares - at the current price of 65, that makes the float worth about $800 million. Don't know what the entire company is worth but must be over a billion at this point. MP3 is a company that gives away music for free and is in a market that already has quite a bit of competition. And what I also find interesting is that the name of the company, "MP3", is the name of a technology - what happens when the MP3 technology becomes out of date, which will undoubtedly happen at some point? Talking about a branding nightmare. Can you imagine owning a company called DOS in the early 90's? Am I missing something with MPPP? -Eric

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