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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 245.98-1.3%1:07 PM EST

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To: Glenn D. Rudolph who wrote (90768)1/12/2000 2:22:00 AM
From: JayPC  Read Replies (3) of 164684
 
The merger is fabulous for AOL the company. It guarantees that AOL will be huge company and will generate revenues for years to come.

The merger is disastrous for AOL the stock. Its a media company now. The stock was high based on growth in revenues and subscribers in 100s of percents. The stock was high based on growth of e-commerce. The stock was high because it was a net stock.

Now AOl/TWX will show 3-5% growth. Margins of 5-10%. It will be valued accordingly.

The interesting thing here is how many people realize that Steve Case sold out his stock? He's taken his personal money out of the Internet and put it in a media company. The drop in AOL's stock is because people have realized that he's taken their money with him.

The drop in other Nets is because people are wondering what Case knows that they don't.

The answer is: nothing. Case did this to satisfy his ego and nothing else.

Regards
Jay
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