Amazon.com, Inc. (AMZN) Message Board

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

AMZN 234.06

-0.3%

9:31 AM EST

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To: Alomex who wrote (118815)	2/28/2001 12:43:38 AM
From: Skeeter Bug	Read Replies (1) of 164684

alo, this doesn't address amzn's current debt - $2,000,000,000 worth. they may be able to add more debt... but alas... 1. the interest rate will be huge as even the pet rocks have finally figured out amzn has no profitable business plan. 2. amzn has to go up. mention a convertable with unfavorable terms to existing shareholders and watch in wonder as they dump shares and drop the price... amzn is in a world of hurt and bezos in over his head, imho. he s/h done a convertible when he had the chance - and i recall folks questioning why he didn't w/ the stock so ridiculously high. forget convertible... why didn't he just issue shares... d-u-m-b.

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