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

To: Rob S. who wrote (13685)	8/16/1998 7:15:00 PM
From: OtherChap	Read Replies (2) \| Respond to of 164684

>Amazon.com paid over 10X the amount per customer that Lycos paid. but that is probably because when they offered stock to the CEO's of these companies, the CEO's said "We know AMZN stock is at least 10 times over-valued and by the time we can sell it it will be worth 12 dollars." and the Amazon folks, knowing this was true, were forced to agree to the inflated "price" (number of shares) IMHO

To: Rob S. who wrote (13685)	8/17/1998 7:32:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

I find it Amaziinnng that BankAmerica Robertson Stephens gushes aboutAmazongonenuts.com but mentions nothing about how much they spent to acquire a relative handful of registered users. They do mention Lycos' acquisitions and the relatively cheap price per registered user: Rob, There is a lot of amazing comments out there by the Amazongonenuts.com bulls. I pointed this out in a prior thread but beyond what you pointed out about the acquisitions, Benji only talks about an upside surprise to Amazongonenuts.com. It appears a downside is not possible yet there has been a downside for the last few quarters when compared to original expectations. We have projected losses now to at least the year 2003. What happened to a meager profit in the year 2000? Glenn