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

To: Glenn D. Rudolph who wrote (122183)	3/30/2001 7:51:18 PM
From: Alomex	Read Replies (2) \| Respond to of 164684

I do not believe this will happen in this case due to the lack of working capital for Q4. No accounting will fix a lack of product. Indeed. I should qualify my comment : if Amazon makes it to Q4'2001 they will have no problem fudging their figures to show a "pro forma" operating profit. So far the news coming from the reinsurers are not promising. As far as I recall, Amazon debt is trading around 50 cents on the dollar. It occurs to me that you could end up owning Amazon for less than $1 billion by buying a majority of outstanding debt and then waiting for Amazon to go belly up....