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

To: Bob Kim who wrote (107128)	8/15/2000 10:31:46 PM
From: H James Morris	Respond to of 164684

>What will happen to the $145 million that AMZN was suppose to get over 5 years? What's a $110 million worth in the new economy? In silicon valley people will pay that for a small pack of peanuts! >Smith said Living.com's failure would not have an adverse affect on Amazon's future financial performance because it had already recognized most of the losses. In its second-quarter financial statement issued last month, Amazon logged about $110 million in losses from its investments in other companies, reflecting that many of those firms were losing money and would continue to do so.

To: Bob Kim who wrote (107128)	8/15/2000 10:48:15 PM
From: Glenn D. Rudolph	Respond to of 164684

Glenn, Living.com is filing Chapter 7. What will happen to the $145 million that AMZN was suppose to get over 5 years? It will never be seen as is true with all the other Amazon network deals. Keep in mind this is high margin money;-)