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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: Tradegod who wrote (58239)5/24/1999 5:22:00 PM
From: KeepItSimple  Read Replies (5) of 164684
 
I predict within 6 months, investors will be suing Amazon for executive misrepresentation of the viability of AMZN. Or some other claim- it doesnt matter because when Amazon is trading at 20 bucks the investors will be screaming bloody murder. (especially those whos bonds havent been able to convert) They will be going after the 2 billion in cash Amazon has in the bank.

Bezos will never get a chance to spend the majority of this money, IMO.

(Glenn, if you wanted to know how AMZN could go bankrupt with all that cash in the bank- the answer is that the cash will be taken away)
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