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

AMZN 233.95

+0.3%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (40445)	2/16/1999 6:23:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 164684

Glenn, <Then the new facilities will require a lot of cash so there will not be a great amount ot invest to offset the payment of the coupon. > I have a plan to make amzn profitable. Right Now. Forget about facilities, robots, leases, etc.... Lay off all the help. take the $1.2B and invest it in high yield funds at 10%. the coupon is 4.75. that leaves approx $70M/year profit. The CEO owns 60% of the stock. His share will be $40M. They can keep it going for 10 yrs. He will make $400M. Enough to retire on. in 2009, they can retire the bonds and dissolve the company. -Sarmad

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