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

To: microhoogle! who wrote (107407)	8/23/2000 12:08:09 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Greenlight.com? I noticed yesterday another .com selling cars on the Internet went busto, even though it was initially funded with over $100mil.

To: microhoogle! who wrote (107407)	8/23/2000 12:26:24 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

>>I do not dispute that reliability, trustworthiness and customer service come before price<< i do for many inet commodity shoppers. i was getting $40 books delivered to my door 2nd day air for $12, fully delivered. amzm was about $25 with discounts. price, baby. bezos agrees with me b/c he won't raise prices. he knows he can't raise prices. folks can justify whatever they want, however they want, but reality bites.

To: microhoogle! who wrote (107407)	8/23/2000 12:36:39 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

" Under terms of the January agreement, Amazon acquired 5 percent of Greenlight's outstanding shares for an undisclosed sum. Amazon also will receive $82.5 million from Greenlight.com over a 5-year period and receive warrants to increase its stake to 30 percent during that time." Excuse me but Greenligh.com has almost no revenue, is burning cash and is down to about $15 miion in cash. How is Greenligh.com going to pay Amazon $82.5 million when they will have difficulty paying their employees through next spring?