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


To: swimmygoof who wrote (112921)12/18/2000 1:03:42 PM
From: 10K a day  Read Replies (1) | Respond to of 164684
 
Hey swimmy...can i throw you a LIFE VEST?
sh#t man!...You'r NUTS!
If it wasn't for the PIGS on the street propping this POS up it would be at 7...



To: swimmygoof who wrote (112921)12/18/2000 1:56:02 PM
From: Skeeter Bug  Respond to of 164684
 
disregard, si glitch caused double post...



To: swimmygoof who wrote (112921)12/18/2000 1:56:15 PM
From: Skeeter Bug  Respond to of 164684
 
swim, imho, your setting yourself up for a moniker change... to "drowningdoof."

the business model is bankrupt. $2 billion won't correct it. stop advertising and marketing and watch sales plummet.

best of luck. anything can happen... but the odds look grim.



To: swimmygoof who wrote (112921)12/18/2000 6:40:45 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Yes, I believe Amazon can raise more cash if it needs to. Kleiner Perkins is still heavily into this....a few hundred million in a private placement wouldn't be much of a challenge with their connections. Hell, John Doerr could open his own wallet and cover it himself.



Agreed.

I do not believe they will need to raise any cash this year. They could simply turn off the marketing machine and stop giving discounts to increase their cash position.



This will not work. Many of the fuflillment center expenses are fixed. In fact, most. No marketing and free giveaways no revenue growth. Posssibly a revenue decline. I do not believe there is anyway they can get through 2001 without a cash inflow.

P.S. I must admit that I'm getting quite a pit with the level of risk I'm taking, but I have to take it because of the more massive potential reward.



I wish you luck. I really do not like Amazon. That is personal but you have a very friendly way about you. I like people like that. I took a big chance on the short side so I know the feeling of the pit.

Anyhow, still lots of controversy and no sure thing so you are playing the large risk/reward game. That is how it goes.Candidly, I believe you are more market savey than I was when I was short. I suspect if FA does fail you will get out before it is too late. Just a gut feel by the way you seem to know the market.



To: swimmygoof who wrote (112921)12/18/2000 9:16:06 PM
From: Victor Lazlo  Respond to of 164684
 
<<It would admittedly be near impossible to raise $2 billion in this market unless the Saudi prince rides in on a white horse (which btw, I would do if I were the Saudi prince, since it would send the stock through the stratosphere and ensure AMZN's future as the dominant etail force of the century).>>

WRONG. When it was revealed that the prince and Paul Allen had bought big chunks of Priceline.com, the stock responded by continuing to go lower fast. You should do some homework on this before throwing your $$ after the prince's.

The Prince is also a heavy investor in AOL at much higher prices. He is deep underwater on some if not many investments.

Why are you and Randy so delusional about the power of the Prince?? He has lost a lot of money in our stock markets!!

Victor