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

To: Glenn D. Rudolph who wrote (57294)	5/18/1999 8:03:00 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

> Now they are using the recent secondary funds to help fund Kleiner Perkins firms. Glenn, are you suggesting that Kleiner Perkins partners makes cash investments in obscure internet companies, then gets Amazon to purchase those companies with massive amounts of stock- thus adding REAL CASH to Amazon's balance sheet, and making a Kleiner Perkins partner instantly rich because of his smart decision to invest in an otherwise worthless company 1 month before Amazon "happens" to buy it? :) I mean, just because it has happened 4 or 5 times doesnt mean it is a ongoing pattern..

To: Glenn D. Rudolph who wrote (57294)	5/18/1999 10:04:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 164684

I'm not stressed at all. Your statement was pure-cementhead! Bezos and Covey go out of their way to explain how aggressive and expensive their plans are.

To: Glenn D. Rudolph who wrote (57294)	5/18/1999 10:08:00 PM
From: MSI	Read Replies (1) \| Respond to of 164684

Now they are using the recent secondary funds to help fund Kleiner Perkins firms. It has to be recognized that these interlocking relationships help stabilize the stock price beyond any analysis of valuation. Given their willingness to do that, makes it act unlike a regular company that has to earn a living, like the chabols and kieretsus. As long as they stay willing, and as long as there isn't a general correction of net stocks, it could carry on for a long time w/o profit, w. $$ being fed into the top of the system from the huge IPO arbitrage and an unknown amount of trading gains every month. The thing about AMZN is that Bezos has enough stock under control to make it work.