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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 217.15-2.5%Nov 20 3:59 PM EST

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To: Impristine who wrote (38650)2/7/1999 8:35:00 PM
From: H James Morris  Read Replies (4) of 164684
 
Prissey, here's another buying opportunity for you.
>>WASHINGTON, Feb 5 (Reuters) - Egghead.com Inc. filed Friday with the Securities and Exchange Commission a registration to sell up to 4.8 million common shares.

The company granted the underwriters a 30-day over allotment option to buy up to 720,000 additional common shares. The offering will be made through Hambrecht & Quist, BancBoston Robertson Stephens and Prudential Securities.

Net proceeds will be used for working capital and other general corporate purposes.

Egghead.com, based in Vancouver, Wash., is an online retailer of personal computer hardware, software, peripherals and accessories.
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Why would they sell another 4.8 mil shares to the suckers, when Bezos would pay ????.
Ps
I never could figure out why Bezos didn't do a secondary. Until I read about the Morgan Stanley additional $1bil, junk.
Think about it? More $cash. Less disgust. This is becoming the biggest debate. Since Monica. Did she or didn't she?
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