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

AMZN 232.37

-0.9%

Dec 3 3:59 PM EST

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To: Bill Harmond who wrote (109860)	10/8/2000 9:58:07 AM
From: H James Morris	Read Replies (1) of 164684

>"For most dot-coms it's impossible to raise more money," said Roger McNamee at Integral Capital Partners, a Seattle venture capital firm. >"The public market has dried up and that has backed up into the whole venture-capital stream," says McNamee, of Integral Capital. "Deals that didn't get public are soaking up huge amounts of capital, which is forcing venture firms that were hoping to do 30 deals per fund to do 20 instead." >Within two years, five more companies, including travel site Expedia.com and pioneering e-retailer Amazon.com, will need to raise more money. And, unlike a year ago, money is scarce. seattletimes.nwsource.com

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