Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Don Westermeyer who wrote (18169)	5/24/1999 9:09:00 AM
From: Oeconomicus	Read Replies (1) of 18691

Don, the $2 billion (AMZN) is a shelf registration. Could be common, preferred, straight debt, converts, warrants or just about any combination. Or, they may issue nothing, but for some strange reason, I doubt that. ;-) What I'd like to know is what they could possibly do with another $2 billion. They've raise what, something over $1.5 billion over the last year? Have any of their acquisitions been cash deals? Did they decide to go ahead and raise enough, while they still can, to last them until breakeven in ... when is it now?... 2010? Bob

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