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

AMZN 222.50

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3:59 PM EST

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To: Alomex who wrote (128874)	7/23/2001 6:35:45 PM
From: H James Morris	Read Replies (1) of 164684

>Amazon agreed to sell $100 million of its stock to AOL at up to $15.28 a share, which represents a 10% discount to Amazon's Friday close. The companies said AOL will buy the shares at the lower of that price or Amazon stock's average price on the trading days Tuesday through next Monday. How much does Amzn spend a year with AOL on banner ads? I thought Amzn was one of AOL's largest on-line advertising customers, but I could be wrong. It seems awful intertwined to me.

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