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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Victor Lazlo who wrote (143755)	7/14/2002 12:58:45 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

"I wonder why paypal agreed to be bought out for such a small premium to the stock price. Are they that afraid of EBAY? " I do not believe PayPal had anything to fear from eBay. eBay is not their only revenue source either. About 15% I believe was for payments made to pornography sites. There is another 20% for on-line gambling. I do not see that decreasing no pun intended. There are a lot of small business web sites that also only take PayPal.

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