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


To: Glenn D. Rudolph who wrote (91888)1/22/2000 11:10:00 PM
From: Greater Fool  Read Replies (1) | Respond to of 164684
 
<g> Yes, banks aren't dumb. There are no greater fools they can hope will come along and buy the debt. Banks worry about silly things like cash flow or ebitda.

A banker would have to be insane to loan Amazon any money beyond some small line of credit, and no banker is dumb enough to loan them the billion dollars they're looking for. However, stockholders are dumb enough to "loan" them many times that, and with no recourse whatsoever.