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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.16+2.1%Jan 23 9:30 AM EST

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To: Glenn D. Rudolph who wrote (23119)10/26/1998 8:23:00 PM
From: M. Frank Greiffenstein  Read Replies (2) of 164684
 
Time...

Glenn, when a company's return on assets is much less than the interest on their loans, it's only a matter of time.

But I have a question: AMZN issued zero coupon bonds due in 2008. Does AMZN have to put aside the money into an escrow account now, or can they just wait to pay in one lump sum?

Otherwise, how are you doing? I had my computer in the shop to upgrade RAM to 128MB, so I haven't been active lately. Me, I was congraulating for getting out of AMZN before big run up, only to see my Novellus Nov 30 puts go worthless! I know I am right about NVLS just like you are about AMZN, but just like you, I was early <g>.

DocStone
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