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


To: Mark Fowler who wrote (22044)10/17/1998 7:31:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
Don't know the details but i've read it in a news piece a while back that Bertelsmann
offered 2 billion for a considerable stake in Amzn.


Mark,

I believe you are mistaken. You did read about Bertelsmanns and Amazon.con and 2 billion. I read the same article and could locate it if necessary. Anyhow, what occurred was Bertelsmanns was trying to negotiate a deal with Amazon.con and Jeffery Bezos wanted the 2 billion dollars. Bertelsmanns said that was way out of line. Amazon.con is not worth that much and Bertelsmanns went with barnesandnoble.com. That was what occurred.

Glenn