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

To: Rob S. who wrote (12608)	8/4/1998 11:48:00 PM
From: umbro	Read Replies (2) \| Respond to of 164684

I'm not buying the idea that PlanetAll acquisition helps AMZN's VC liquidate. Amazon's primary investor is Kleiner Perkings. Here are Plant All's investors, from their web page: Investors PlanetAll is privately held. ÿIts lead investors are CMG @Ventures, Lycos, Puma Technology, and @rts @lliance. ÿ CMG @Ventures invests in and integrates advanced Internet, interactive media and database management technologies. The firm and its affiliates have an interest in Lycos, Geocities, and numerous other internet properties. ÿ Lycos, one of the biggest destinations on the internet, made a substantial investment in PlanetAll in April, 1998. Puma Technology, the leader in Mobile Data Exchange(TM) software, has invested in PlanetAll as part of a partnership with PlanetAll for synchronization with a variety of software programs and handheld devices. ÿ@rts @lliance, Ltd. is a UK-based investment firm specializing in the internet. Yes, CMG Ventures has made out like a bandit, but I don't see how KPC benefits. Am I missing something? Rob S wrote -- Could it be because Amazon.com (Bezos family) and the VCs saw this as a way to make a large payment to the VC under the cover of an acquisition?

To: Rob S. who wrote (12608)	8/4/1998 11:53:00 PM
From: TraderDad	Read Replies (2) \| Respond to of 164684

Rob, i agree. I believe that this deal is for the benefit of the VC's and that AMZN was "obliged" to do it. The VC's , particularly CMGI, get to bundle and unload inflated i-net companies that they've brought along. Amazon serves well as the host vessel. It is the strongest magnet for pulling in other people's money, and has been unparalleled as a mask for hyper-inflated valuations, of the whole or any of its' pieces. I just can't believe that Wall Street is so gullible (or is it complicit) to this pyramiding in all things internet.