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To: Sarmad Y. Hermiz who wrote (68322)	7/19/1999 6:49:00 PM
From: Jan Crawley	Read Replies (4) \| Respond to of 164684

I would like to buy some amzn, at 120. Sarmad, I would like to buy some Amzn, at $80 during Sep/Oct and I think that I can. However, It will be "terrible" for Amzn if it does not generate more excitement before, during or after the 7/29 e-day. All the Mo$$ came in between $90 and $140 are burdened with carrying costs and opportunity costs, it can't stay too long, it needs to run and then out, just like the Yhoo way two weeks ago.

To: Sarmad Y. Hermiz who wrote (68322)	7/20/1999 9:50:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Lycos <LCOS.O> forms venture capital fund WALTHAM, Mass., July 20 (Reuters) - Online network Lycos Inc. said Tuesday it formed a $70 million venture capital fund, Lycos Ventures, L.P., with partners that include Microsoft Corp. <MSFT.O> co-founder Paul Allen's Vulcan Ventures. The company said in a statement that Lycos would put $10 million into the pool and operate it as a general partner along with Triangle Capital Corp. of Pittsburgh. Lycos's other partners in the fund include Vulcan Ventures, Bear Stearns Cos. Inc. <BSC.N> as well as Japan's Sumitomo Corp. <8053.T> and Mirae Corp. of Korea. Each will contribute from $5 million to $10 million. "A key component of our growth has always been our acquisitions and investments. Lycos Ventures represents a major boost to this effort," said Bob Davis, Lycos president and chief executive. The partnership plans to invest in young Internet companies that Lycos hopes will make its co-investors a profit while enhancing its own position by supplying technology, retail sales and content. The general partner, a company formed by Lycos and Triangle Capital called Lycos Triangle Partners LLC, will gain 20 percent of all realized returns from the partnership and an annual management fee. Lycos gets a pro rata share of what remains after that cut. 859-1860)) REUTERS Rtr 07:51 07-20-99