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

To: Glenn D. Rudolph who wrote (60494)	6/4/1999 1:51:00 PM
From: H James Morris	Read Replies (2) \| Respond to of 164684

Glenn, If you own Msft or Cisco, other thah a market melt-down they're bullet proof. Maybe Linus might drive a wedge into Msft, but I wouldn't sell it on that concern. Ps if you must sell? Sell Amzn SHORT!!, while it's tired. What's going to give it some strength, other than it buying AOL? Speaking about Kleiners children, I must admit that their $investmet in Google is a good one. I used to use AltaVista as my search engine, but know I'm using Google. Also the founders are Stanford boys, that's why I never have bet against yhoo. >>PALO ALTO, Calif. -- Google Inc., a year-old Internet search-engine company, said it has attracted $25 million in venture-capital funding and will add two of Silicon Valley's best-known financiers, Michael Moritz and L. John Doerr, to its board. Mr. Moritz, a partner in Sequoia Capital, was an early backer of Yahoo! Inc. and eToys Inc. He said Sequoia and Mr. Doerr's firm, Kleiner Perkins Caufield & Byers, together are providing the $25 million. In return the two venture-capital firms are getting a combined stake of somewhat less than 40% in the company. Mr. Doerr was an early backer of Amazon.com Inc. Even by Internet standards, Google has attracted an unusually large amount of money for a company still in its infancy. Chief Executive Officer Larry Page, 26 years old, and President Sergey Brin, 25, met as graduate students at Stanford University. Mr. Brin still hasn't completed his Ph.D. dissertation in computer science. With the capital infusion, Messrs. Page and Brin said they will pursue an aggressive growth strategy. Mr. Brin said their company, which has 23 employees, could grow to 100 by year end. Mr. Page said Google gets about 800,000 page views a day and is experiencing 50% monthly growth in traffic. Most of the early search-engine companies have greatly expanded their businesses to offer shopping, news, community guides and ads. But Mr. Brin said Google will stay focused strictly on its search business. He said the company uses proprietary computer technology to organize its search results more effectively, so users don't have to wade through dozens of worthless listings before finding the Web sites they want.<<