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

To: Al Chechatka who wrote (42683)	2/25/1999 10:00:00 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

Don't forget, Drugstore.com will go public soon, so that 30-40 mil will be worth billions the way these internut stocks go public. AL C, This is true and the equity markets again will be placing money in AMZN's coffers. AMZN will never make a return on invested capital but they sure know how to suck money out of the equity markets. At the end of the lock up period, AMZN will sell drugstore.com shares to replenish the depleted AMZN cash on hand and we continue. I have no position in AMZN but if I had, I believe it would only be fair to their shareholders to let them know how much they spent. It is not a high tech trade secret. This milking of the equity markets becomes more comical all the time and yet there are still people that believe AMZN is a success. One other thought. We are getting the "incest" one see with Softbank and YHOO. Kleiner Perkins did not have to put up as much cash to get drugstore.com started. The money came from the junk bond holders and then Kleiner Perkins will be able to sell their shares at a profit too. This is so far from the original AMZN business model that one would not even recognize it a year ago. Glenn