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

AMZN 243.08

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3:59 PM EST

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To: Jeff Dryer who wrote (68775)	7/22/1999 10:41:00 AM
From: Tom Kearney	Read Replies (1) of 164684

Jeff - Bluemountain is privately held. They GIVE AWAY electronic greetings cards, and till recently made no money on the site. The site was a loss leader to sell their paper cards in stores. However, their INET real estate is becoming so valuable, they have recently started to build a business plan to turn it into a profit center and go public. They are thought to maybe have the most valuable INET property not yet public. They have won a lawsuite against MSFT who came out with a version of IE that didn't let users send BlueMountain's cards (it must be the version I have 'cause I can't send their cards). There is a long story about them in Monday's LATimes, which you might be able to find on the web. Regards, Tom

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