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

AMZN 244.41

+0.6%

Nov 7 9:30 AM EST

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To: Bill Harmond who wrote (91765)	1/21/2000 3:32:00 PM
From: Randy Ellingson	Read Replies (5) of 164684

I don't see a news release yet, but if Amazon's raising more cash, they must have a pending need for it. I doubt they burned through an appreciable fraction of their $850M in three months. Any ideas? Seems like a great idea for them to raise cash now -- they're still crushing what little online etailing competition exists. [Edit: this needs some clarification -- no other diversified etailing competitor approaches Amazon.com for overall sales. Unless perhaps buy.com has been doing well. I guess they'll IPO this year.] Randy

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