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


To: hdl who wrote (118483)2/24/2001 7:31:50 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
amzn has lots of debt. its stock trades on the nasdaq. it is a big internet company. its stock should do well with fed rate cuts and tax cuts and resurgent nasdaq and internet sector.


hdl,

I try to be very polite here. I wanted to say from under what rock did you climb. I will say this. Amazon's debt is not tied to any bank loan and has no bearing on the Fed rates. I will also say that the sales growth slowdown which soon become a sales decrease is not a factor of the economy. Consumer spending is fine. That is not to say the economy is fine but Amazon sells to consumers. I can't say the stock price of Amazon will trade on its fundamentals. I can say that the fundamentals of Amazon leave Amazon in the position to die by bankruptcy and that will occur.

From the posts of yours I have read so far, it seems to me you have not done a lot of due diligence on Amazon's history and the evolution of the company.You will find the one person that really knows Amazon is myself. I may know no other firm but I assure you I know Amazon.

Glenn



To: hdl who wrote (118483)2/25/2001 11:34:40 AM
From: Glenn D. Rudolph  Respond to of 164684
 
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