Amazon.com, Inc. (AMZN) Message Board

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

AMZN 230.43

+1.1%

1:32 PM EST

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To: Bill Harmond who wrote (135154)	11/27/2001 4:42:26 PM
From: Oeconomicus	Read Replies (1) of 164684

Great. Then you and GST let us know when they're priced right! :) OK, AMZN will be "priced right" when it reaches zero. No price is too low for a failed business model that's run up too much debt to provide value to equity holders even if the model can be fixed. JMO, of course. The next question is what price is right for its debt, which depends on whether the model can and will ever work or whether there is any significant salvage value in the assets. Glenn?

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