Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Glenn D. Rudolph who wrote (117070)	2/7/2001 4:50:26 PM
From: Alomex	Read Replies (1) \| Respond to of 164687

Amazon will collapse this year due to the leases on those centers but I am not certain Wal-Mart had any connection with it. This is not so clear. If Amazon threatens to declare bankruptcy he might be able to cut a deal from the warehouses. Essentially, they could offer something like this to warehouse lease holders: either we give you XX million dollars to compensate for lost business, or we declare bankruptcy and you get nothing. Today Amazon announced that they will charge publishers for listings. This together with the announced layoffs in the USA and the looming firings in the UK will help Amazon reduce their losses significantly. IMHO within the next three quarters they will close another distribution center, raise their prices and fire another 2,000 employees.