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

To: spal who wrote (93005)	2/4/2000 2:11:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

What really interested me was the fact that they recently raised about $30M based on a $300M valuation. Since they are not a pure internet play, how was such an insane valuation reached for a bycycle messenger service? Any thoughts? I studied this one evening. If I recall a lot of the money raised was from Amazon. That was their 10% Stake correct? What I can recall being specified is if it was in cash or stock. This may have been cash because the actual dollar amount was reased. Typically, Amazon takes a stake lately in money strapped companys for exchange for a tap on thier web page and a return of many dollars over many years. Those positions are always an unspecified amount so I am almost due Amazon gives them stock. Guessing of course. I really have no concrete thoughts. It does not make sense to me.