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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: KeepItSimple who wrote (70466)	7/29/1999 6:32:00 AM
From: Jeff Dryer	Read Replies (1) of 164684

>As I've said before: if everyone is a millionaire, a bread of loaf >will cost 500 dollars. How much will a loaf of bread cost? <g> >Doesnt anyone find it scary that Microsoft wants to create an >internet tracking stock BECAUSE IT CANNOT AFFORD TO BUY INTERNET >COMPANIES? eToys went IPO several weeks ago at an $8 billion valuation... about twice the valuation of Toys R US. eToys generated less than $10 million in revenue before it went public. On IPO day, there is a chance (a very small probability) that Microsoft's Internet tracking stock will become the first company valued at 1 trillion dollars, and relative to eToy's $8 billion IPO valuation, $1 trillion would be about right for a Microsoft Internet IPO. <I'm being serious>

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