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


To: Olu Emuleomo who wrote (123583)4/12/2001 5:34:21 PM
From: Glenn D. Rudolph  Respond to of 164684
 
My assertion is that Borders wouldnt be doing business with an entity that's about to go bankrupt. In fact Moody's said...
"Amazon.com currently has enough cash on hand to finance operations for the next 18 months to 24 months"



Olu,

I am surprised that you doubt my projections for Amazon's fundamentals. I have projected their fundamentals for years now without even a slight miss.

Actually, Borders got rid of a money losing entity and dropped it on Amazon. Borders could care less what happens to Amazon or that entitity now. It was a financial drain.

As for Moody's comments, I am clueless as to why they made the comment and how they arrived at their conclusions.