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

AMZN 244.25

-2.0%

Nov 12 3:59 PM EST

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To: Glenn D. Rudolph who wrote (93068)	2/5/2000 1:30:00 PM
From: H James Morris	Read Replies (1) of 164684

Glenn, here is one example of many IPO's that can be very profitable by just going into the open market. You've complained to me about not being able to get pre-ipo shares. OK, but that shouldn't stop you from doing your research. Everyone knew that Fire was going to "Light my fire". Look below. Investors could have bought in the low 50's and got close to a double bagger, in just one day. >FIREPOND INC(FIRE) Bid: 100 3/16 BidSize: 0 Open: 53 1/2 Ask: 100 AskSize: 0 Close: 22 Last: 100 1/4 High: 102 5/16 Div.: 0.00 Change: +78 1/4 Low: 52 Yield: 0.00 A.High: 102.312 P/E: 0.00 Volume: 9284900 A.Low: 52 EPS: 0.00 Market :NASDAQ NM Ps I don't think these IPO's are as risky has most people think.Why? Because the wealth affect allows investors to take more risks.

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