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

AMZN 228.44

+0.5%

3:59 PM EST

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To: Lizzie Tudor who wrote (48400)	3/31/1999 6:47:00 PM
From: Sarmad Y. Hermiz	Read Replies (4) of 164684

Michelle, >> Why isn't this good news for yhoo? Because they paid $4+ B for assets that cost $100 M. That means Yahoo management values their stock at 1/40th of its current price. Same thing with GeoCities. That did wonders for Yahoo stock price, right ! As tonyt said "dilution". It is like you pull out a wad of twenties from your pocket , and all it buys is a loaf of bread that cost the baker 2 dollars, but he had put a sign on it saying $130.

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