Amazon.com, Inc. (AMZN) Message Board

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

AMZN 239.12

+0.4%

Jan 16 9:30 AM EST

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To: Alomex who wrote (118632)	2/27/2001 1:58:02 AM
From: Skeeter Bug	Read Replies (1) of 164684

alomex, i have a great memory... however, it doesn't last long. ;-) i seem to recall you fighting the bearish case. amzn's reality appears to be worse than even you, a bear, thought. i can see amzn making tiny marginal money - however, i can't envision any way that they pay the interest and pay down the principle on their debt short of diluting their shares to the tune of $2 billion. mu converted their debt to shares and stayed off the reality for a while longer... the mighty amzn may be a good spec... for < $1.00. it is still grossly overvalued. bezos has no extraordinary powers other than to choose to be born at the right time and have a bankrupt idea that people were willing to pay gazillions for... just like the recent purchaser of a tulip farm in history... he has no tricks other than to sell stocks to some of the greatest fools that ever lived.

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