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

To: Bolder who wrote (10856)	7/19/1998 8:49:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Glenn----How did B&T receive as much as 5 million shares of AMZN stock in the first place? Is Ingram also a stockholder? Perhaps, AMZN gave B&T stock in lieu of having to pay 8-10 % more for its product. Bolder, My guess is AMZN gave B & T five million shares to pay for the books they are supplying. It appears that selling 350K shares by B & T was the revenue necessary to pay for the books bought by AMZN. his could continue month after month. This is strictly conjecture. The sales by B & T each month will depend upon what is owed and the market price of the stock. Glenn