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

AMZN 229.60

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To: Robert Rose who wrote (83314)	11/6/1999 1:05:00 PM
From: H James Morris	Read Replies (1) of 164684

<<BuildNet will be the reason people get re-excited about the Internet around year-end," predicted Keith Benjamin in an interview shortly before he left FleetBoston Financial's investment bank, Robertson Stephens, to become a venture capitalist. Careful, though, because Benjamin's ilk have a vested interest in hyping B2B in general and BuildNet in particular. BuildNet has lined up three investment banks to manage its current $50 million round of private financing and has cleverly chosen banks with analysts who specialize in e-commerce and construction (DLJ, Salomon Smith Barney, and Robertson Stephens). Each bank hopes to manage the company's expected initial public offering. And since BuildNet is just now launching its B2B business, its IPO could be another "trust us" type deal as far as the public is concerned.>>

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