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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: Alex Engelgardt who wrote (1456)2/5/1998 4:36:00 PM
From: Don Westermeyer  Read Replies (1) of 164684
 
Alex,

I'm sure AMZN will enter the music business, and loose a ton of money running that too! (at least for a couple of years)

Assuming they do as well as they have with books, the book value of the company will be less than zero in less than a year! Where will they fill their $$$ coffers up next time?

My guess is all the 'analyst' buy recommendations are mostly to get in line to make money brokering a secondary offering. AMZN could probably rake in $50mm by offering just a measly million shares. OTHO they could go out and get some more loans at 10%, LOL!
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