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

To: Tae Spam Kim who wrote (57453)	5/19/1999 9:20:00 PM
From: KeepItSimple	Read Replies (3) \| Respond to of 164684

>This is getting kind of ridiculous. Amazon.com (AMZN) is trying to >take advantage of the capital markets to raise up to $2 billion in >cash through either junk bonds, equity, etc. You think that is ridiculous, then hold onto your hat. Everyone knows there is less than 1 month left in this market before the whole thing utterly implodes- and everyone is getting while the getting is still good. Underwriters are throwing any and every deal they can slap together into the public market. Case in point: a friend of mine started a small company 2 months ago to provide web-hosting services to people in the bay area. His company is run out of his bedroom, consists of around 8 self-built servers, has no employees other than himself, and revenues of less than 2 thousand dollars so far in its existence. He has been approached by two investment bankers this week. One wants to take him public in 60 days. I wont go into further details because my friend is going to take one of the deals. He'd be crazy not to! All he has to do is hire about 12 executives, all of which were coincidentally "recommended" by the underwriter.