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


To: Glenn D. Rudolph who wrote (112211)11/29/2000 1:27:50 AM
From: Alomex  Read Replies (2) | Respond to of 164684
 
Amazon cannot make it to Q4 2001 without a large cash inflow from the equity markets.

I think $100-300 million would be enough to push them over the brink into profitablity "before interest expense and other one time items", I mean, "before interest expense and other goodwill amortization", erh.. I want to say "before interest expense and other non-cash chages",... erh...

Don't worry Bezos will find a way to make the picture look rosier. I said a long time ago, he will pull all the tricks he ever learned.

IMHO last quarter accounting tricks are deceiving and fraudulent in spirit. Quite possibly even illegal (the SEC is still looking into that one so I'll reserve my judgement).



To: Glenn D. Rudolph who wrote (112211)11/29/2000 8:00:16 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
Very good question Glenn. My instinct is to say no, of course not. But I recall Boston Chicken being able to sell huge $$ of bonds to professional bond people all the while they were tanking and the balance sheet was a horror show. It was right there for anyone to see. Long before it all fell apart, it was written up in BusWeek, for gosh sakes!!

There are lots of below-average people out there who oversee large sums of money, Glenn.
Victor