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Technology Stocks : AMAZON.COM -- WORLD LARGEST BOOKSTORE
AMZN 230.34+0.5%Oct 29 3:59 PM EDT

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To: Ray who wrote ()5/14/1997 10:40:00 AM
From: Bill Bishop   of 43
 
Amazon ups price
From the DBC News IPO report
5/14/97

... a look at new stock offerings

By Darren Chervitz, DBC News

Amazon.com increases size, price of upcoming IPO

Amazon.com upped the size and price of its upcoming IPO after the market closed
Tuesday, according to lead underwriter Deutsche Morgan Grenfell. The online
bookseller's revised deal is for 3 million shares at $14 to $16 each, vs. the original
expected offering of 2.5 million shares at $12 to $14 each. The announcement comes
on the same day Barnes & Noble unveiled its own Web site, which some observers said was done to
deflect some of the spotlight from Amazon. Late Monday, Barnes & Noble also filed a lawsuit against
its fledgling competitor alleging false advertising...
dbc.com
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