Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Billsig who wrote (47840)	3/29/1999 7:47:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

the Internet's No. 1 video, No. 1 music, and No. 1 book retailer, today announced that it has agreed to obtain an ownership stake of approximately 50% in Pets.com (http://www.pets.com), the largest pet company on the Internet. Amazon.com joined with venture capital firm Hummer Winblad Venture Partners to fund Pets.com's first round of financing. The transaction is expected to be completed in early April and is subject to execution of definitive documents and customary closing conditions. Does anyone know the revenue and profits of Pets.com? Glenn