SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.35+0.4%Jan 9 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Glenn D. Rudolph who wrote (35235)1/17/1999 4:42:00 PM
From: KeepItSimple  Read Replies (1) of 164684
 
> They can raise additional cash for operations; correct?

Sure. They just can't use that cash to pay off their junk bond debt. It's a standard clause in most junk bond offerings intended to protect
the holders from dilution.

But then again, it is my opinion that Bezos and the rest of the gang never had any intention of repaying that debt- Bezos and the rest of the insiders will be retired to the cayman islands before that debt ever comes due.

(It's also my opinion that Amazon was never intended to be a profitable business, merely a profitable stock.)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext