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

To: H James Morris who wrote (117253)2/9/2001 3:08:16 PM
From: gladman  Read Replies (1) | Respond to of 164684
 
ARBA has a lot of negative buzz....

They have the franchise(superbly run co) for the long term, it's a favorite of mine.

Let's see how far down it can go...



To: H James Morris who wrote (117253)2/9/2001 9:40:23 PM
From: manalagi  Read Replies (1) | Respond to of 164684
 
HJM:

Are you looking into liquidation of Amazon and make money on the bond? Should not the supplier get the first crack at the assets ahead of bond holders? Granted that you only pay 44c on the dollar and get 18.2% return. What if Amazon defaults on the interest. As Ravi Surya indicated, Amazon will shortly run out of cash. I am still short 1000 shares at 17. Will hold them until liquidation.


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