Amazon.com, Inc. (AMZN) Message Board

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

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

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To: Candle stick who wrote (4974)	6/3/1998 8:10:00 PM
From: Mark Myword	Read Replies (2) of 164684

>> Amazon issue zero coupon ie discounted bonds at 10% for 10 years. << CS - thanks for the detailed info. The bond issue by AMZN , was , in my opinion , a rather desperate gamble to get cash, so as to make an all-or-nothing play to become the "brand leader", as some dreamers would call it , on the internet. The equity of this company will shortly be negative , and there is but a remote chance they will ever pay off these bonds , as bankruptcy will consume them long before the ultimate due date. Amazon is a joke - the equity is worthless; what makes you really wonder is: who in the hell bought all those bonds ? I'd rather take my money to Vegas and roll the dice a few times - the odds of making a profit are better !

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