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


To: H James Morris who wrote (92164)1/25/2000 11:55:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
>This is the point. Where are the millions going to come from.
A printing press maybe, or realistically more debt.


James,

As I have said int he past, I am too much from the old school. After reading about the agreement between Drugstore.com and Amazon, I look up the recent income anf balance sheet of Drugstore.com. Now the money that Drugstore.com is to pay Amazon is not owned by Drugstore.com. To make matters worse, Drugstore.com is buring money at a rapid rate too and it is getting worse. Amazon give DSCM some money now to be paid later and own more of DSCM. AMZN is going to own more of a money losing firm that can't pay the agreemet with a secondary or junk bonds. This is true with Nextcard, Greenlight, Ashford.com.

Boy am I confused<G>

'll bet anyone here a $100 bucks that Bezos won't have a problem getting more debt.


I would rather not take that bet. They will get the money but soon the AMZN float will be really huge.

On that note, KO getting hurt today:-(