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

To: Glenn D. Rudolph who wrote (128919)	7/24/2001 2:03:51 AM
From: Alomex	Read Replies (1) \| Respond to of 164684

One surely thought Amazon was receiving cash from the ACNs. It took filings to find out that was not the case. I do believe in this one AOL is paying one large sum. That is what I understood from the conference call, but as you point out, Amazon has been somewhat less than crystal clear when explaining previous deals.

To: Glenn D. Rudolph who wrote (128919)	7/24/2001 10:50:11 AM
From: H James Morris	Read Replies (2) \| Respond to of 164684

Glenn, you were correct. AOL invested $100 million and will own 1.5% of amazon. So that would be an equity investment so you can call off our bet. AOL, will also pay Amzn an additional $100 million + to build this new e-commerce platform spread over time. Btw My Lucent investment (average cost $10) is looking worse everyday. If you had told me 2 years ago LU would go busto before Amzn. I would have thought you were a screaming nut.