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To: Bob Kim who wrote (80550)	10/13/1999 9:44:00 PM
From: Lizzie Tudor	Respond to of 164684

Etys is going to 350$/share then!!! woo hoo buy buy buy!!! I agree etys is grossly overvalued, but I've thought that for a while and it continues to go up. I disagree with TomD about Amazon's numbers this quarter... all the bookstores in the area are profiting from this Harry Potter craze too so factor that in.

To: Bob Kim who wrote (80550)	10/14/1999 1:30:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>>Every $10,000 Lizzie spends this holiday season at ETYS translates into $8 million in market cap.<< Don't forget the Xmas groceries that Lizzie has delivered to her door. >>Webvan Backtracks on IPO Details Webvan put plenty of spin on its attempts to explain last week's derailed IPO. But there was no way it could fend off the licking it was going to take in the media for its retreat. Coverage in the Wall Street Journal and the New York Times was minimal, and the Times skipped coverage in its paper edition all together. For Webvan, that's good news, because the company wants as few witnesses as possible to its bizarre doings over the past few days. The SEC was taking a dim view of high-profile features on Webvan in Business Week and Forbes, as well as a report in TheStreet.com that the company was violating SEC regs by distributing information in its pre-IPO road show that had not been included in its prospectus. So Webvan sought to get back in the Feds' good graces by halting its IPO. It also filed a new prospectus. In it, the company backtracked on the $300 million loss for the year 2001 it had projected during the call, according to News.com's Dawn Kawamoto. The loss was based on several assumptions and was subject to contingencies like the timing and cost of its distribution-center rollout, the volume and size of customer orders, market penetration and competition. Besides, company officials pointed out, Goldman-Sachs made the projection, not Webvan. As if that matters, countered TheStreet.com's Adam Lashinsky - who sat in on the conference call. "Where do investors really think analysts get their data if not from the company?" he wondered in his latest volley, posted Tuesday evening. "This is a prime example of why the SEC should either allow companies and their underwriters to share this sort of information with the public, or get them to knock off the funny business behind closed doors." Webvan's retreat from its underwriters was bad enough, but the revised prospectus also disses comments by company CEO George Shaheen that were printed in the Oct. 18 issue of Forbes. The former Andersen Consulting honcho had compared the grocery business and consulting. Now the company says that's a poor analogy: Andersen and Webvan are "vastly different" and shouldn't be compared. Scott Herhold at the San Jose Mercury News called Webvan's repudiation of its own top exec the "most embarrassing" aspect of the whole fiasco. Forbes Executive Editor Dennis Kneale pointed out that Webvan doesn't deny that Shaheen made the comment but seems to wish he hadn't. An interesting footnote to the Merc story: "Knight Ridder, parent company of the Mercury News, is an investor in Webvan." Webvan Makes Amends thestandard.com Online Grocer Eats Crow on IPO sjmercury.com Webvan Urges Investors to Disregard Comments Made by Own CEO (BLOOMBERG) nytimes.com [Registration required.] Webvan Refiles Prospectus for Offering After Delay interactive.wsj.com [Registration required.] Sources: Webvan IPO Is Expected Next Week news.cnet.com What's Inside Webvan's Amended IPO Filing thestreet.com