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

To: getgo234 who wrote (35691)	1/20/1999 10:09:00 PM
From: Raiders	Respond to of 164684

Lycos In Talks With Potential Partners By Nicole Volpe NEW YORK (Reuters) - Amid a wave of consolidations sweeping the Internet media business, Internet media company Lycos Inc. (Nasdaq:LCOS - news) said Wednesday it was in talks with potential partners, but declined to comment on speculation that the partners included German media company Bertelsmann. ''Our executives have been saying we are in discussions with potential partners,'' said Lycos spokeswoman Michele Perry. ''We would consider a potential agreement.'' Lycos is seeking a media or telecommunications company to become a strategic partner by taking up to a 20 percent stake, the Financial Times said it will report in its Thursday edition. Lycos' current market capitalization is about $4.5 billion, according to Nasdaq. Lycos and Bertelsmann are already involved in a joint venture, Lycos Bertelsmann Europa, an advertising-financed company which was launched in May 1997 and has operations in 10 European companies. Asked about speculation that Bertelsmann could take as much as a $1 billion stake in Lycos, Liz Young, a Bertelsmann spokeswoman in New York, said: ''No one has told me one thing about that, and I think I would have heard that.'' Others also rumored to have discussed a partnership with Lycos include U.S. software group Microsoft Corp (Nasdaq:MSFT - news) . Microsoft could not be immediately reached for comment.

To: getgo234 who wrote (35691)	1/20/1999 11:22:00 PM
From: Gil Gilbertson	Respond to of 164684

Food for Thought.... To: AugustWest From: Gil Gilbertson Wednesday, Jan 20 1999 11:16PM EST -Preview- Food for Thought before we get too excited.... From a technical pt of view, the gas is coming out of the bag on the internet stocks. The top was put on Amazon 80 points up on 30mill shares . Its been downhill bigtime ever since. Onsale broke down today after announcing they will sell anything for cost, what a way to do business...Yahoo looked like it had lead in its pants and dove to the bottom of the tank, This will trigger downside action as the ecommerce players get nervous over a profitless business. Etrade tried all day to get up to the top at 100, but liquidation won out and it closed down at 86 ready for another sell off. Ameritrade already discounted todays report. We will probably get a sucker rally early on of 2 to 4 points followed by an exit to the cellar door. After all 13 cents looks a little insufficient with Merrill and the other biggies waiting in the wings with their Online sales offering. I am sure we will soon see margin calls going out and restrictions on trading, such as 60 per cent cash or more . gil

To: getgo234 who wrote (35691)	1/21/1999 7:09:00 AM
From: Glenn D. Rudolph	Respond to of 164684

There was some speculation today on TheStreet.com that AMZN might be a buyer of LYCOS. Part of the the rational was that the current market value of AMZN would allow AMZN to buy LYCOS for approximately $ 8 billion with its funny money (Inflated stock value). What do you think of such a combination ? Is Lycos worth $ 8 billion if the e-commerce guys are going to have trouble making any profits on retail sales ? Thanks as always for your comments. I will read TheStreet.com. It would seem to me that LCOS has been doing well extenting their reach as a portal. You sure asked a difficult question:-) My guess is if LYCOS is looking to sell they would be lookinf for an established firm with decent fundamentals to make the purchase. I could look this up but I believe LCOS receives more page views than AMZN. I am speculating to the nth degree here. Glenn