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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (70630)7/29/1999 2:46:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
> They are losing money, facing increasing competition and will run out of cash
> in a few months

I cant wait to see the "Q" added to AMZN.. Really think it could happen before christmas? I know their debt load is high, but is it that high? Do they have the cash to make the interest payments or was their entire plan dependent on converting their debt to equity?



To: GST who wrote (70630)7/29/1999 3:28:00 PM
From: Robert Rose  Read Replies (3) | Respond to of 164684
 
<thus they will need to raise new cash. If they can't, they are bankrupt. >

Worse case scenario: they can't raise cash (highly unlikely), so they stop their expansion plans to save money and rely on their break-even book sales (as reported in 1/99) to carry them through the difficult period. This sort of thing happens to families and businesses all the time. It's called belt-tightening. No big deal for anyone but an employee or shareholder.