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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 249.14+0.3%Nov 11 3:59 PM EST

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To: H James Morris who wrote (92681)1/31/2000 7:35:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
So why is Audible paying $33mil over 3 years? I don't know why! Trust me. But, William might.
He might also be able to tell us how Audible will be able to afford it.

>In exchange for the promotion of Audible.com's content and services, Amazon.com will
receive $30 million from Audible over three years, the companies said.
All these investments are based on Forrester Research's revenue projections coming true.


James,

These amounts will never be paid. Look at Drugstore.com to pay $80+ million over a fewm years or somet6hing like that. They do not have that much money nor are they earning a profit. How about Greenlight.com? These firms are being paid by Amazon to there can be announcement to say Amazon will receiv x amount of dollars over the next so many years. There is no source for the money. It is pure hype.

"Trust me" <G>
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