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

AMZN 247.35

+0.4%

Jan 9 9:30 AM EST

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To: Glenn D. Rudolph who wrote (36974)	1/26/1999 9:12:00 PM
From: Rob S.	Read Replies (1) of 164684

Glenn, I think there is good reason to suspect that Amazon will go out for a secondary offering in the near future. Bezos mentioned that they plan to make more acquisitions this year and next and that they need to make heavy infrastructure investments. With the stock price perched in the stratosphere it makes sense for them to raise capital while things are going well and before corporate American has the Y2K thing out of the way and poses more competition.

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