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

To: Bilow who wrote (70332)	7/28/1999 3:55:00 PM
From: Lizzie Tudor	Respond to of 164684

AMZN is not a mutual fund, and hopefully there aren't a lot of people out there who think it is. No not a mutual fund but a VC portfolio, absolutely. I agree there are some frightening implications to that, as well as positive ones. I don't like the lock the "old boys network" has on VC... public VCs like Wit Capital can open that up. But is the public ready to do venture investing? I had a little bit of exposure to this in a past life, and my rule of thumb was that if I could get a one 10-bagger with some seed money or something (not my money I was doing analysis), then that would make up for any number of failures. Thats what we have here in this mkt, we've seen the 10-baggers but not the losses... hope it holds