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

To: H James Morris who wrote (128947)	7/24/2001 11:01:13 PM
From: Victor Lazlo	Respond to of 164684

LU is laying off more people, in just this latest round, than there are living in my town. Victor

To: H James Morris who wrote (128947)	7/24/2001 11:43:53 PM
From: Glenn D. Rudolph	Read Replies (1) \| 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. Well we can follow it along. AOL, will also pay Amzn an additional $100 million + to build this new e-commerce platform spread over time. I am trying to keep my emotional negativity unemotional. I have often used the AOL e-commerce platform which of course, is leasing to larger e-commerce firms. The search features, system response, category breakdown, etc. seems so good. I can't really find anything wrong with the AOL shopping platform. The customer reviews would still need to be store specific. I guess I am confused as to what Amazon's platform would bring to the table as an advantage at a cost of $100 million. You could even use "one click" shopping on AOL. Got me?? 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. I would agree with you. LU needs the Kleiner Perkins people to help them. Do you really think LU will go busto? I have not followed the financials that closely.