Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Dale Baker who wrote (55308)	4/29/2000 2:38:00 AM
From: Jay Fisk	Read Replies (1) of 122087

I wonder if some of the junk like AMZN is considered too big to let fail ??? Herb G's comments: "Amazon's $2 billion in bonds, which have been a longtime thorn in the company's side, currently yield around 12.5% and trade at around 62 cents on the dollar, suggesting that bondholders remain concerned about Amazon's viability. "That's the same yield we're paying Colombia," cracks one short-seller. "And they're sufficiently concerned that they're paying twice the rate of Treasuries for first claim on the assets." Stuff like this is everywhere ! Noticed that even EEEE has a negative book value, at least according to Yahoo, not the most credible source.

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