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

AMZN 232.88

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To: Paul Merriwether who wrote (93186)	2/8/2000 2:08:00 PM
From: Raghu	Read Replies (1) of 164684

The GE diamonds are industrial grade and they have been making it for a long time. If I remember correctly, a Frontline program on DeBeers' monopoly powers suggested that they intimidated GE enough to not produce gem quality diamonds. The Nova program dealt with some labs in Russia that are producing virtually indistinguishable gem quality diamonds. Infact, the only way that DeBeers could tell a lab produced diamond was to look at the micro structure to find the crystalline growth shape produced due to the way seeding is done to grow the diamond crystal. That type of analysis is not possible at the stores, so DeBeers is considering putting their logo in the diamonds so buyers can be assured that it is natural. A company in Florida has bought the technology from one of the Russian labs and will be selling the diamonds commercially soon. A crystal of carbon, however differently it is formed, is still a crystal of carbon, why all the fuss ;-)) Raghu

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