Amazon.com, Inc. (AMZN) Message Board

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

AMZN 217.92

+0.4%

11:39 AM EST

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To: John Chen who wrote (34535)	1/12/1999 6:28:00 PM
From: GST	Read Replies (1) of 164684

John Chen -- No, AMZN cannot buy anything with their stock. They can't even buy lunch with it. If they want their stock to provide them with money they would have to sell stock, which they will do anyway to cash out their stock options (with your money) and to cover their losses (again with your money). Just like stock splits, this puts more and more stock in circulation which undermines the one and only thing that AMZN has going for it -- a high stock price. Now if somebody would trade them stock for stock they would have something -- but who on earth would do that unless their own stock was also being held up by hot air? That would leave them trading amzn for YHOO or something like that -- which is close to the business model of most of internets anyway. Then it would be a contest of whose stock is more over-valued?

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