SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 235.01+0.8%1:58 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Harmond who wrote (72548)8/7/1999 4:19:00 PM
From: GST  Read Replies (1) of 164684
 
William -- when the bond issue came out it was received as 'brilliant' because the stock was 'sure' to rise so fast they would be able to convert at will and never have to make an interest payment -- that was then, and this is now. They have a net interest expense that will grow as they burn cash at an increasingly rapid rate. Another bond offering will be tough given the dismal performance of this bond. In terms of their financial structure -- its really weak.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext