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


To: Skeeter Bug who wrote (118728)2/27/2001 4:53:30 PM
From: Alomex  Read Replies (2) | Respond to of 164684
 
however, i can't envision any way that they pay the interest and pay down the principle on their debt short of diluting their shares to the tune of $2 billion.

I think this is become more and more likely by the minute. I consider pretty much a given that at least a portion of the debt will be converted to stock.

Amazon might be able to secure as much as $1 billion in what is called "a toxic deal". About half of that would be used to fund operations the other half to retire debt.