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

To: Randy Ellingson who wrote (111347)10/27/2000 11:04:17 AM
From: E Rosen  Read Replies (1) | Respond to of 164684
 
Interesting analysis from Lehman:

zdii.com

Amazon counts $96 million of investments in other dot coms as cash. Even as "marketable securities" these are of questionable value, since many are going out of business, and if Amazon tried to sell the stocks, they would tank. That is, Amazon could never convert them to cash at their current valuations.



To: Randy Ellingson who wrote (111347)10/27/2000 11:49:16 PM
From: Glenn D. Rudolph  Respond to of 164684
 
No, but I don't read anything ominous in it. Do you?



I don't either. I found it unual initially until thinking of Mr. Foster not having nearly the control.


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