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

To: Skeeter Bug who wrote (122217)	3/30/2001 10:26:45 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

you got dat right. but this w/b a nice way to actually expedite the inevitable and take amzn down. SB, This will be settled out of court but I doubt there will even be time for that. Unnamed sources (some of my suppliers insured by American Int'l Group, Inc. have indicated that Amazon goes on COD only effective April 1, 2001 for the vendors American Int'l Group, Inc insures. The vendors have a right to supply Amazon with terms but I doubt any will without insurance. All purchases made by March 31, 2001 will be insured by American Int'l Group, Inc. It appears that Euler ACI will continue to insure but withy far higher premiums and and a higher deductible.This means Amazon will have pay those vendors far more for their products to cover the additional insurance costs unless Amazon pays COD here too. The increased premiums and deductible via Euler ACI become effective April 1, 2001 too. Kind of reminds me of April fools joke considering the big advantage of the Amazon model was supposedly the negative cash cycle. Apparently Warren Jenson made quite a pitch but these firms wanted more detail on the cash and short term investments. I really do not know if this information was provided and they did not like the picture or Amazon chose not to provide it. In any case, watch for a huge drop in Amazon inventory that will begin to show aorund mid May. Funny thing is publically Bill Curry has stated that insurance issues have not affected the Vedor relationships. He also did not mention that at the present time, the vendor is being insured. He made no reference to April and going forward. I do not see toys supplies being an issue since Kemper insures toy maufactureres for Toys R Us. The toys are really Toys R Us inventory even though it is stored in Amazon DCs. I believe that Toys R Us will get the inventory back when not if Amazon folds.