Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

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To: Bill Harmond who wrote (62015)	6/11/1999 7:36:00 PM
From: KeepItSimple	Read Replies (2) of 164684

Hey Glenn, looks like our mutual dream of Amazon's financial collapse may happen a LOT sooner than we thought. From today's Wall Street Journal. Massive debt looks so great when it is essentially free. But as Long Term Capital found out, that leverage can kill you in a heartbeat. I expect this is just the first nail in the coffin of AMZN. I doubt Greenspan will bail out Bezos. "Amazon's stock has dropped by half and now is $100 short of where it needed to be so the company could call its $1.25 billion convertible bond. Next month the company faces a $24 million interest payment it never expected to make."

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