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

To: KeepItSimple who wrote (111666)	11/7/2000 5:16:06 PM
From: bambs	Read Replies (1) \| Respond to of 164684

I doubt amazon will be able to get 1 billion in a stock offering. 30 million shares would need to be issued at $33. Who has that kind of cash and that kind of stupidity to buy in on that offering? They will need cash with in months. There suppliers will cut there credit and demand cash for inventory. AMZN is toast. I think we will have a post election sell off in the market starting very soon. Can ask for a much better entry point on this dead stock walking....shorting for broke... amazon.com%2Fexec%2Fobidos%2Ftg%2Fstores%2Fdetail%2F-%2Ftoys%2FB000031XGV%2Fpictures%2F14%2F002-3137558-6658428%23more-pictures I ordered one of these caps...$4.58 including delivery. I want my amazon collectables for after they go bust. They charge $1.50 for the cap plus shipping. They have to lose money on the sale. But, I think I helped them a bit by ordering...more revenue...more customers...more b.s. I think it's a must own for anyone that is short amzn. I will frame the bill and put it on the wall in my trading office. Bambs

To: KeepItSimple who wrote (111666)	11/7/2000 9:53:09 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

In flagrant disregard for investor information, the "1 billion" in cash and marketable securities has yet to be broken down in any quarterly statement. If it turns out that a majority of that "cash" is actually stock in worthless dot.coms, then amazon will have to return to the debt market and beg on their knees very soon. KIS, Even if this is all cash at current market prices, Amazon will need cash by next September. Amazon burned $125 million last quarter according to how I do accounting even though management states otherwise. Glenn