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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.37-0.9%3:59 PM EST

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To: KeepItSimple who wrote (96724)3/17/2000 10:45:00 AM
From: H James Morris  Read Replies (1) of 164684
 
Kis,re:B2B.
Wall Street only thinks revenue growth. Why you keep telling us about B2B's poor margins is beyond me.
Do you think Amzn is valued on its margins?
btw
Mbuy comes out soon! Another Kleiner child right down the road. We are begging for shares. Trust me.
>March 17, 2000

Originally targeted at $75 million, Medibuy.com's pending initial public offering is now expected to fetch $179.4 million, the company disclosed in an amended filing with the Securities Exchange Commission yesterday.

With a per share price in the $10-$12 range, the IPO will consist of 13 million shares. After the offering, 114.4 million shares will be outstanding.

The San Diego company specializing in business-to-business transactions for the health-care industry had filed an IPO on Jan. 13 with a maximum aggregate offering price of $75 million.

The company plans to use proceeds from the IPO for increased sales and marketing efforts, development of Internet services and general business purposes.

Underwriters include Goldman Sachs & Co., Donaldson Lufkin & Jenrette Inc., Thomas Weisel Partners LLC and Wit Soundview. The proposed symbol for the stock, to be traded on Nasdaq, is MBUY.
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