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


To: Glenn D. Rudolph who wrote (111676)11/7/2000 9:45:30 PM
From: 10K a day  Read Replies (2) | Respond to of 164684
 
don't agree...
(AMAZON)
i hate the debt.
absolutely hate it.
think it was scandalous (convertibles)
(in retrospect - i guess the rate was good)
think somebody should be hung by the Balls. (MSDW).
Amazon is getting better by the day.
they are getting better by the week.
they are getting better.
the business will survive.
I think.
The debt sucks.
The stock price.
I have no idea.
The business will survive.
If Walmart Can survive selling all of the stuff that they sell.
Then amazon just has to get their house in order.
They have to figure out what is profitable and what is moving out the door.
And do that over and over and over again.
Says absolutely nothing about the stock price.
however.
Now if it's all a sham.
if marketable securities are not actually marketable securities.
then....who knows...maybe you're right.



To: Glenn D. Rudolph who wrote (111676)11/8/2000 12:26:06 AM
From: Alomex  Respond to of 164684
 
The end of the quarter is a snap shot in time. Amazon will have a billion dollars in cash and marketable securities as of 12/31/2000. They will also have accounts payable of about $450 million.

I don't doubt it at all. Bozos would announce to the four corners of the world that they are sitting on a billion dollars when in reality they would only have half that much...

Sooner or later the SEC will clue into this guy....

Cash will be gone if no more is raised from the equity markets by around September 2001.

Yup, they will have to raise more cash one way or another. The question is how much...