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To: smolejv@gmx.net who wrote (6952)	8/11/2001 11:25:49 AM
From: westpacific	Respond to of 74559

Buy.com founder to buy company for 17 cents a share And the big joke is he is most likey buying it with the dollars he made selling his stock after lock up!!!! Maybe Bezos will make the same move once AMZN stock is trading for .20!!!! ALISO VIEJO, Calif., Aug 10 (Reuters) - Internet shopping site Buy.com Inc. (NasdaqNM:BUYX - news) on Friday said it agreed to be bought by its founder, Scott Blum, for 17 cents a share in cash, a move that follows the decimation of the company's stock since its initial public offering last year. SB Acquisition Corp., Blum's wholly-owned company, will also provide Buy.com interim financing of up to $9.0 million, the company said. The deal values Buy.com at about $23.2 million, based on a total outstanding share count of 136.47 million. The offer values Buy.com shares at their closing price on Friday of 17 cents. Buy.com, which was in the process of being delisted from Nasdaq, had traded as high as $35 since going public in February of last year. The company said it expects the deal to close before Nov. 30.