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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Glenn D. Rudolph who wrote (21766)	10/15/1998 8:09:00 PM
From: umbro	Read Replies (1) of 164684

None of the proceeds from the sale of the Shares by the Selling Stockholders will be received by the Company. and the sale of up to 2,662,125 shares. If I read this correctly, Amazon is going to spend 260 mil. in cash, at today's price, in realizing (additional) costs of acquisition? What happened to the 5 mil. shares granted in June? What were they spent on?

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