Amazon.com, Inc. (AMZN) Message Board

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

AMZN 234.61

+0.3%

1:39 PM EST

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To: Rob S. who wrote (12608)	8/4/1998 11:53:00 PM
From: TraderDad	Read Replies (2) of 164684

Rob, i agree. I believe that this deal is for the benefit of the VC's and that AMZN was "obliged" to do it. The VC's , particularly CMGI, get to bundle and unload inflated i-net companies that they've brought along. Amazon serves well as the host vessel. It is the strongest magnet for pulling in other people's money, and has been unparalleled as a mask for hyper-inflated valuations, of the whole or any of its' pieces. I just can't believe that Wall Street is so gullible (or is it complicit) to this pyramiding in all things internet.

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