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

To: Glenn D. Rudolph who wrote (54534)	5/1/1999 7:51:00 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

I'll give you a hint: Accept.com just recently received a large cash investment from a Kleiner Perkins. What a surprise? Amazon gets more cash in the bank by trading monopoly stock, and Kleiner Perkins just pocketed a couple hundred million dollars. And I'm sure whatever Kleiner Perkins tells amazon's board to buy, they buy. Glenn, remember when this happened with Junglee/Planetall? Does ANYONE elsoe think this is beginning to smell like 7 day old fish? Using Amazon's hyper-inflated cash to "reward" other keiretsu members is a great strategy. Find a worthless startup company, get one of your buddies to invest a million dollars and get 51% ownership, then have Amazon come in and buy it for 200 million dollars. I used to think the treasury department frowned on people building their own money printing presses. I guess not anymore! These are the sort of things that will eventually result in shiny bracelets. ************ How will the Amazon network be built? On Tuesday, Amazon bought three start-up companies for $645 million. One of those companies, Accept.com, remains a total mystery. Amazon is unwilling to talk about what the company, which is a scant seven months old, actually does . The company's not talking, either. Accept.com's investors refuse to reveal the nature of the business, and even most of my venture-capital sources seem clueless as to what it will add to Amazon. What, I wonder, could this venture possibly be?

To: Glenn D. Rudolph who wrote (54534)	5/2/1999 6:53:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Glenn, this is my take. Amazon. com is a 7/11.com. I used too own stock in Southland corp. They're the founders of 7/11's. Not to long ago, they were in chapter 11. They just got out by turning it back to their individual owner's, and collecting royalities. The difference between Amanzon.com and 7/11 is, their market cap. Amazon is still over $26bil, and I don't think that Southland ever got over a 1 $billion. Glenn, please don't worry about the bulls here. 95% of them are in @ 100, or less. If you add up the splits, that still works out to about $20ps. Trust me. Ps, Do you know that Mark Fowler just bought Gallo??