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


To: brian z who wrote (92212)1/26/2000 9:20:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Under the agreement with Drugstore.com, Amazon.com receives $105 million under a 3 year
marketing agreement. Amazon.com agreed to invest $30 million in Drugstore.com, raising its
stake in the company to 28%. Customers will eventually use a single shopping basket and
procedure for both sites. Previously Amazon.com only carried gift certificates and had
temporary links for Drugstore.com.

With Greenlight.com, Amazon.com gets $85 million plus
warrants to raise its stake to 30% during the next five years.


I know I dwell on this but where is DCSM going to get the money? They do not have it now and lost $40 million last quarter. Where is Greenlight.com going to get the money?

I may sell a few very large diamonds to people without the money today and no known way to raise it but will get a signed contract they will pay me over the next five years. Then go to the bank and say look at these revenues would you please increase my line of credit? I am certain they will say yes<G>

This and the analysts are nuts.