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


To: H James Morris who wrote (117283)2/9/2001 10:46:53 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
HJ, what's the story with the guy who started Starbucks, Peets, and now is ipo'ing " Briazz " - how many more high end trendy coffee shop chains does this guy have up his sleeve??

Is he going to just keep ipo'ing overpriced coffee shops the rest of his life??? LOL !



To: H James Morris who wrote (117283)2/10/2001 10:36:45 AM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 164684
 
I assume you know if Amzn goes busto you won't have to pay any capital gains on your profit?

That's not strictly true, although you can usually defer the gain for several years. Eventually, the stock of a bankrupt company gets officially declared "worthless", and at that point you are supposed to declare the gain.



To: H James Morris who wrote (117283)2/10/2001 8:49:28 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Only those holding a signed UCC document get a crack at the assets.
Suppliers typically don't, until you become a credit risk then they might demand it.


James,

We are talking hundreds of millions in owed to suppliers in Q4. I can almost assure you they will be requiring a signed UCC. Amazon management will not care. They are not holding the bonds.

Glenn



To: H James Morris who wrote (117283)2/11/2001 12:51:10 AM
From: manalagi  Read Replies (1) | Respond to of 164684
 
I assume you know if Amzn goes busto you won't have to pay any capital gains on your profit?

I will have to declare it on Schedule D when a closure takes place. Even if that happens over a year, the gains on a short sale is always treated as short term by the the IRS.