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


To: agent99 who wrote (124351)4/30/2001 7:51:44 PM
From: GST  Read Replies (2) | Respond to of 164684
 
LOL "Ways Amazon.com could restructure its long-term debt, analysts said, include cutting the conversion price on the convertible bonds, or otherwise offering new equity, or actually buying some of the debt back." Or Chapter 11.



To: agent99 who wrote (124351)5/1/2001 10:02:58 PM
From: Glenn D. Rudolph  Respond to of 164684
 
"These options could have mixed effects, they said.

``Some clients believe, and this transcends Amazon to include other dot-coms, that if they use available cash to buy back debt, it will be not only a bullish statement by the company over time but a very fruitful move,'' said Anne Cox, first vice president at Merrill Lynch & Co. ``That would suggest management may have a view of when it will become profitable.''

Amazon.com last week reported a first-quarter loss of $49 million, or 21 cents a share, and said it expects to post its first quarterly operating profit by the end of the year.

"

This was written by By Jonathan Stempel. He should be ashamed of not being able to read or listen. Operating profit???? Never ever was said.....