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Technology Stocks : AMAZON.COM -- WORLD LARGEST BOOKSTORE
AMZN 230.34+0.5%Oct 29 3:59 PM EDT
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To: Burton Waxman who wrote (37)7/3/1997 9:27:00 PM
From: Ceebs Hartmann   of 43
 
As of March 31, 1997, there were outstanding options to purchase 2,940,774 shares, 339,075 shares and 264,000 shares of Common Stock under the 1994 Stock Option Plan, under the 1997 Stock Option Plan and outside the Plans, respectively, at a weighted average exercise price of $1.76 per share. To the extent that the outstanding options, or any options granted in the future, are exercised, there will be further dilution to new investors.

**There will be further dilution to new investors**
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