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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Eric Wells who wrote (69988)	7/27/1999 11:19:00 AM
From: Olu Emuleomo	Respond to of 164684

>>>> Olu - best of luck to you on your Ebay purchase. My view is that it EBAY will go lower.<<<< It's a bit of a gamble. I think EBAY is currently oversold and should bounce towards 120. However, if I'm wrong, I wont hesitate.... --Olu E.

To: Eric Wells who wrote (69988)	7/27/1999 11:29:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

>> this is mainly due to my lingering bitterness over my purchase of YHOO in the 220s earlier this year - Eric, After your recent successful trades I was beginning to think you were superman (or super trader, at any rate). But after seeing your little episode of weakness in buying yhoo at 220, I am so relieved to see that you're human like the rest of us. But the mark of an intelligent person is learning from experience. My own education cost me a six-figure loss in shorting amzn. I've got most of it back. But I think I've learned a good skill in the recovery process. Now I am beginning to see my losses as an "investment" just like the Amazon bulls consider Amazon's losses.

To: Eric Wells who wrote (69988)	7/27/1999 11:49:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Eric, what does Reuters mean when they refer to Butterfield as venerable? >>REUTERS July 27, 1999 SAN FRANCISCO -- The total value of Internet company mergers soared in the first half of this year, a report said yesterday as competitive pressures forced many newly public Web firms to give up their independence. Webmergers.com, an Internet research firm in San Francisco, said that Web media company mergers increased 22 times in value to $40 billion in the first six months of 1999 from $1.5 billion a year ago. Ninety percent of the acquired companies were formed in the last five years. The pace of deals quickened in the second quarter, growing to $20 billion from $13 billion in the first quarter, when a few large mergers boosted totals. All told, acquirers bought 169 Web properties in the first half of this year for an average price of close to $200 million, according to Webmergers.com, which is a division New Media Resources in San Francisco. Yahoo! led the way, acquiring five companies with a value of $10.5 billion. At Home's $6.7 billion buyout of Excite, which created ExciteAtHome, added $6.7 billion to the total. America Online did 10 deals adding up to $4.4 billion. The companies were targeting mainstream content sites that could boost the traffic to their sites, as companies scrambled to build market share on the Web. Over 50 percent of the deals were linked to audience-grabbing moves, like AtHome's deal to buy Excite and CMGI's deal, announced in late June, to buy Compaq Computer's AltaVista. Some of the mergers were also aimed at gaining technology for e-commerce, for Web community building, or for specialized uses like transmitting audio and video over the Internet. The takeover activity was fueled by the powerful gains in stock prices of the largest Internet companies, like Yahoo and AtHome, who paid stock to buy others. A growing share of the deals, though, involved major media companies trying to expand their reach in the new media. In a small but growing trend, companies from the physical world were being combined with their counterparts in the virtual world. CVS, the drugstore chain, bought Soma.com, an online drug retailer. Online auctioner E-Bay, meanwhile, bought the venerable West Coast auction house Butterfield and Butterfield.