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

To: Eric Wells who wrote (71887)	8/4/1999 6:40:00 PM
From: Paul Merriwether	Read Replies (1) \| Respond to of 164684

>> the urge to make money was too strong for me to stay away from the market). I'm currently short YHOO, EBAY, PCLN and AMZN. Cool timing man! Shocking and Gratifying to see people making $$$s in inets on the short side(I certainly have lost money shorting i-nets net-net).

To: Eric Wells who wrote (71887)	8/5/1999 2:00:00 AM
From: Bilow	Read Replies (2) \| Respond to of 164684

Hi Eric Wells; Re Jim Cramer's: Sixth, and finally, most importantly, no dot-com to date has been bought by a non-dot-com. There is no validation of any price by any non-dot-com buyer. Until a major player buys a dot-com company, you will not have such a validation. I think this is a very significant thing. Unfortunately, AMZN has negative tangible book value. Consequently, I really don't think the fundamental types are going to be bidding for it. Instead, they will buy the junk bonds. -- Carl