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


To: manalagi who wrote (119319)3/5/2001 9:58:29 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
Cramer laughed at Amazon rumor and stated that the company will not make it. He cited the amount of debt.

I am going to read Cramer before I start my regular work this AM.

This is definitely short covering. Both amazon and walmart are US companies. Why would the rumor start in Europe? Do they know better than the sources in the US? Remember that the huge debt was sold mostly in Europe. Is there any connection with trying to prop up the price of amazon bond?



This is my thought too but then I get accused of a conspiracy theory. I do have a negative bias which I am certain of which this thread is full aware.

. I just cannot see that amazon can survive or that walmart will enter into a partnership with walmart. They are of diffferent cultures.



I can't either.

Glenn



To: manalagi who wrote (119319)3/5/2001 10:38:56 AM
From: hdl  Read Replies (3) | Respond to of 164684
 
it is crazy to short amzn. your potential loss is unlimited. u can possibly lose 10 times your investment. amzn can take off. suppose it makes a great deal with walmart and/or others