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

To: H James Morris who wrote (78716)	9/27/1999 1:34:00 PM
From: Randy Ellingson	Read Replies (2) \| Respond to of 164684

Do you know that P&G pays a dividend, and all that Amzn has is $1.2 billion in DEBT??? HJ, PG was my first stock purchase, and I still own every share I have bought. PG is a bigger holding than AMZN for me, but the race is definitely on. If (OK, a big if for most people) AMZN turns profitable within the next 18 months, do you think their market cap will double within that time frame? Randy

To: H James Morris who wrote (78716)	9/27/1999 8:53:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Teledesic sees opportunity as ICO, Iridium struggle SEATTLE, Sept 27 (Reuters) - Teledesic LLC, which is building a satellite-based "Internet in the sky" network, on Monday said it may shift into related businesses that would make money faster, capitalizing on the recent bankruptcies of fledgling satellite phone companies. Bellevue, Wash.-based Teledesic plans to build a $9 billion, high-speed global data network by 2004, but Chapter 11 bankruptcy filings by Iridium LLC <IRIQE.O> and ICO Global Communications Ltd.<ICOGF.O>, which were building satellite-based phone systems, have opened the door to potential acquisitions and partnerships in that sector, the company believes. "Given the market as it exists today, that has opened up opportunities for us that we are exploring," Teledesic spokesman Roger Nyhus said. Teledesic has raised $1.5 billion in financing to date, backed by wireless phone trailblazer Craig McCaw and Microsoft Corp. <MSFT.O> Chairman Bill Gates, as well as Boeing Co. <BA.N> and Motorola Inc. <MOT.N>. Industry analysts are concerned that the costly data system might become obsolete by 2004, with current land-based wireless networks rapidly expanding and improving. "We remain fully committed to our long-term vision of delivering global broadband services, but we see early market opportunities as interim steps to reach that vision," Nyhus said. REUTERS Rtr 15:07 09-27-99