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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Doug Fir who wrote (2855)	8/5/1999 1:21:00 PM
From: Bill Wexler	Read Replies (2) \| Respond to of 10293

<<but do you see any concern about a buy out at this price?>> No. <<AMZN could buy them out for $20>> Not gonna happen.

To: Doug Fir who wrote (2855)	8/5/1999 1:25:00 PM
From: BelowTheCrowd	Respond to of 10293

Doug, By the time a deal closed, AMZN stock might not be worth the $20 they'd have to pay for BGP. Internet stock has never been a particularly good currency for purchasing non-internet companies. Everybody knows they're way to volatile to structure any kind of a deal around. That particular currency has mostly been used for internuts to buy other internuts. And that currency is losing value by the minute. I agree with Cramer on this one. The internuts will have entered reality when we see a real company buy one of them or vice-versa. And my personal prediction is that the value of their stocks will be still lower than it is now... mg