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

To: Bill Harmond who wrote (82761)	11/2/1999 12:14:00 PM
From: H James Morris	Respond to of 164684

William Question? When a company has only $10mil, and signs up to spend $20 mil. Where does the other $10 mil come from? I notice that mighty Aol signs up customers to huge advertising contracts that don't really have the funds to pay them. Is Aol extending credit to companies that won't have the ability to pay? Couldn't that kind of approach build up one hell of a accounts receivable problem. I noticed that Aol takes stock in exchange for cash. Just like Bezos gave to J&T for book credit. When I sold my company several years ago I insisted on $cash. Thank god I did! Have you seen what's happened to PGA's stock lately. It was trading at 30 when I sold out, but I took the $65mil in cash. I wouldn't of had it any way. <<PERSONNEL GROUP AMER INC COM(PGA) Bid: 6 3/4 BidSize: 100 Open: 6 7/8 Ask: 6 13/16 AskSize: 20 Close: 6 13/16 Last: 6 13/16 High: 7 Div.: 0.00 Change: No Chg Low: 6 13/16 Yield: 0.00 A.High: 18.563 P/E: 6.55 Volume: 174800 A.Low: 4.938 EPS: 1.04 Market :NYSE Tick: Down >> Ps Did you buy some Jnic? Oh thanks for Vert. Buy some Cobt on the IPO, so I can repay you.