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

To: RFF who wrote (11221)	7/22/1998 1:17:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Rf<Their standing as a top internet player will probably ensure them access to cash, > Here we go again, back in a full circle. Who gave Berzos the seed capital? Kleiner,Perkins. Who took Amzn public? Morgan Stanley. Who raised the $325 mil in Junk? Morgan Stanely, albiet, with a 30mil junk fee. Who is the biggest hyper of Amzn? Mary Meeker. Who does she work for? Morgan Stanely. Who estimated the -.44c loss? Morgan Stanely. Who has labeled Amzn as the leading Internet play? Morgan Stanely. Who will announce Amzn beat the -.44c loss? Morgan Stanely. Who has made more money out of this phenomenon? Morgan Stanely. Who conrols the float? Kleiner, Perkins, Bezos, his insiders and, Oh no! not again, Morgan Stanely. Those who control the float, control the stock price. Trust me!

To: RFF who wrote (11221)	7/22/1998 4:14:00 PM
From: Glenn D. Rudolph	Respond to of 164684

AMZN didn't get the $326 million in gross proceeds from the offering. The offering was of discount notes that won't start paying cash until 2003. This means that at most they received $150 million in actual cash. After paying off the other $75 million loan, that leaves them with at most another $75 million. This won't last them through the rest of the year The $326 million was net proceeds prior to paying MS leaving $300 million. Then pay the $75 million bank loan leaving $225 million. Glenn