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To: John Ke who wrote (12084)	7/30/1998 8:50:00 AM
From: Glenn D. Rudolph	Respond to of 164684

The World's First Internet-Enabled Burger King Restaurant Located Within The Financial District Of New York City At 182 Broadway, Went On-Line Today PR Newswire - July 30, 1998 05:35 %FOD %PDT V%PRN P%PRN NEW YORK, July 30 /PRNewswire/ -- The World's first Internet-enabled Burger King restaurant, located within the heart of New York City's financial district, went on-line today. Twenty high speed Internet stations are available FREE to all Burger King customers with a qualifying purchase. Customers who visit the Broadway location are allowed 20 minutes of time to browse the world. A two-minute warning message appears on the monitor when Internet access is about to be terminated. The latest filtering technology prevents access to inappropriate sites. According to Burger King franchisee Peter Allen Abramson, he is providing his customers with cutting edge technology to supplement a memorable dining experience. Customers browse the World Wide Web utilizing a high speed T-1 Internet connection. According to Abramson, patrons at his restaurant are ecstatic about the Internet @ Burger King. "Customers are sending and receiving email, checking their stocks and financial news, looking for apartments and jobs, obtaining travel information, joining chat groups, and playing various interactive games. It makes dining, particularly alone, more enjoyable," he said. Most customers want to know if the Internet will be made available at other Burger King restaurants. Mr. Abramson says "I will make my technology available to other franchisees. It is a concept I want to share with the entire Burger King system." For further information contact by email at- theabes@mcione.com or at his corporate address c/o Quadreign Management Corporation, 481 Main Street, suite 402, New Rochelle, NY 10801, 914-636-0337 Abramson believes the Internet @ Burger King will provide him with a high return on his investment because customers will appreciate the unique added value he is bringing to their dining experience, and will frequent his restaurant more often. Mr. Abramson's restaurant also provides his customers with special programming shown on a 27 SCREEN CIRCULAR VIDEO WALL located in the center of the dining room. To his knowledge, it is the ONLY such installation within the United States. SOURCE Burger King Corporation /CONTACT: Peter Allen Abramson of Quadreign Management Corp., 914-636-0337, for Burger King/

To: John Ke who wrote (12084)	7/30/1998 10:21:00 AM
From: umbro	Read Replies (1) \| Respond to of 164684

Thanks John, (and I thought I was detail-orineted :)). Your statement below, [for all beneficial owners] Includes 989,323 shares issuable upon the exercise of stock options exercisable within 60 days of March 1, 1998, 836,323 of which are subject to repurchase by the Company at the original exercise price in the event of termination of employment or services, which right lapses over time in accordance with vesting schedules. struck me as interesting. Two months past March 1, is May 1. Which means this additional float could have been dumped into the market any time after that. As you mention, these officers must be crazy (my paraphrase :)) if they haven't sold those shares by now. There were plenty of 144 filings in April, May, and June from the officers, but I haven't tried to match them up to the options mentioned in the pre-14a filing footnotes. My point, is this may be old news. I completely agree with your point that the shareholders are currently footing the bill for exec. compensation and everything else. That's one of things that makes Amazon such a unique stock situation. The general perception is that Amazon is a well-run, fast-growing operation, with a lead on the competition. Many people, when they hear that sort of good news, just assume that Amazon must be profitable -- not so. Worse than not profitable, Amazon has debt up to its eyeballs. I do think that the combination of debt and equity financing will likely keep Amazon for some time to come, but it just doesn't lead to a good return on shareholder investment. Off-topic: they're saying that 13 employees at a machine shop in IL have won the Powerball. Bad news for the shop owner, unless he was also in the pool. Pretty soon, employers will have to buy "Power Ball insurance", to protect their business from these sorts of "catastrophes". :)

To: John Ke who wrote (12084)	7/30/1998 6:39:00 PM
From: Marconi	Respond to of 164684

Hello Mr. Ke: Excellent post! I enjoyed reading it and it saved me quite a bit of time. I think the company right to buy back options at issue price is quite a stick to keep option holders in line. And I doubt the holders would want to front run sales that could discount the bosses shares materially. The situation would seem to be one of delicacy...and mixed with uncertainty, greed, but possibly tempered with some satisfaction and contentment. Best regards and welcome to SI, m