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

To: H James Morris who wrote (107056)	8/10/2000 2:56:17 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Glenn, hello from London. I'm having fun on my motorcycle...I've got voice recognition attached to my Matchless! <vbg> Which software <G>

To: H James Morris who wrote (107056)	8/10/2000 3:18:23 PM
From: re3	Respond to of 164684

hi James, hope things go well for you across the pond !

To: H James Morris who wrote (107056)	8/11/2000 9:53:58 PM
From: allen menglin chen	Read Replies (1) \| Respond to of 164684

TECHNOLOGY ALERT from The Wall Street Journal August 11, 2000 Value America filed for Chapter 11 bankruptcy protection and plans to shut down its retailing site to focus on electronic services. It laid off 185 employees. FOR MORE INFORMATION, see: interactive.wsj.com August 11, 2000 Value America Shuts Retail Site, Files for Chapter 11 Bankruptcy A WSJ.COM News Roundup CHARLOTTESVILLE, Va. -- Value America Inc. filed for Chapter 11 bankruptcy protection and plans to shut down its online retailing operations to focus on electronic services. The move marks the most-significant failure yet of a dot-com retailer. Other failed sites, such as Boo.com and Toysmart.com, were well known but were younger operations and had yet to go public. Value America Raises $90 Million, Posts Smaller-Than-Expected Loss (May 10) Troubled Value America Gets Closer To Investment Via Private Placement (April 3) How Value America's Founder, Once Flying High, Fell Back to Earth (Jan. 7) Value America said it has terminated 185 employees involved in its retailing operations. The filing was made in federal bankruptcy court for the western district of Virginia. The company said it plans to reorganize as an electronic services business. In a statement, the company said "it has become apparent that the prospect for near-term profitability of a company engaged exclusively in the retail side of the electronic commerce industry is not assured." Value America said the electronic-services business consists of an infrastructure system for third-party manufacturers, vendors and distributors to fulfill online orders from consumers. Value America said it expected its electronic-services business would emerge, on a stand-alone basis, from the reorganization filing and restructuring efforts. The company, potential investors and buyers have expressed interest in the electronic-services business proposition. Value America's shares were halted in after-hours trading on the Nasdaq Stock Market. The company's shares closed the regular session unchanged at 71.875 cents a share. ========================================================= Good news to AMZN, one less competitor. lol.