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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.35+0.4%3:59 PM EST

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To: Victor Lazlo who wrote (72730)8/8/1999 10:42:00 PM
From: Eric Wells  Read Replies (2) of 164684
 
>>I think they'll be in a tough environment,
>>to say the least.

I agree. My view is that Women.com, FTD.com, Hotjobs.com and many other internet companies should cancel their IPOs - not postpone them, but cancel them completely. I think most of them are junk, and I think their motivation lies in trying to milk the mania for net stocks to raise cash. If these companies have viable business plans, then they should have no trouble in going out and borrowing the money - and paying it back from the profits they make. Once these companies become established and have proven themselves through profitability - then, perhaps, they should consider an IPO.

Thanks,
-Eric
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