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

AMZN 234.37

+0.2%

Dec 2 3:59 PM EST

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To: Glenn D. Rudolph who wrote (107421)	8/23/2000 8:43:34 PM
From: Victor Lazlo	Read Replies (1) of 164684

"Under terms of the January agreement, Amazon acquired 5 percent of Greenlight's outstanding shares for an undisclosed sum. Amazon also will receive $82.5 million from Greenlight.com over a 5-year period and receive warrants to increase its stake to 30 percent during that time." Didn't greenlight.com use the money from AMZN to buy a 5 yr annuity yielding $16.5 million per year to pay back AMZN? <g>

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