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

AMZN 222.42

-0.1%

3:22 PM EST

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To: GST who wrote (131909)	9/26/2001 8:42:00 AM
From: H James Morris	Read Replies (1) of 164684

This is what you call the ripple effect. >But now, with Exodus shares down 99% since the transaction's January completion and Global Crossing down 87% itself, shareholders of these companies aren't feeling so hot about things. (Under the deal, Global Crossing bought 108 million Exodus shares. At the time, they were worth $1.9 billion; now they're worth something on the order of $23 million.) To make matters worse, a potential Exodus bankruptcy filing could stick Global Crossing with millions of dollars in lease obligations that it can hardly afford. Btw Look for "superbly managed" Doubleclick to change its name to Singleclick.

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