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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.70+1.3%10:35 AM EST

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To: H James Morris who wrote (112449)12/5/2000 9:30:03 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
Glenn, thanks for the links. I've always liked Brioni products.
How much is Blue nile spending on banner ads? They're in my face everytime I embrace the Internet.


James,

I do not know since they are not public. The JBT (The Jewelers Board of Trade) which is a credit rating firm for the jewelry industry, has shown losses of about $10 million per quarter I believe. Also, the VCs (guess who) added a second or third round of funding for this quarter from what I can tell. That is speculation based on the change in cash on hand. My guess is there is hope the IPO market will open up again to the insiders and the VCs may recoup their investment and then some. Blue Nile needs a lot of revenue so it may be placed in the prospectus for this to fly. In my opinion only, this what I believe is planned.
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