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


To: Glenn D. Rudolph who wrote (131998)9/27/2001 10:07:23 PM
From: Oeconomicus  Read Replies (1) | Respond to of 164684
 
Accounts receivable insurance? Really? All my time in corporate banking and I never heard of it. Something new?

Glenn, many large retailers have filed bankruptcy over the last couple decades and continued operations, eventually coming back out. Once they file, they can get DIP financing that enables them to buy from and pay vendors. Why is AMZN any different (other than the economics of their model)?



To: Glenn D. Rudolph who wrote (131998)9/28/2001 11:37:52 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
>>This is likely the catalyst for the recent number of agreements with Circuit City, Target, etc. Amazon does not have merchandise to sell nor are they able to obtain any significant amount of merchandise.<<

glenn, you are so freakin' sharp. they sell this as advertising, but it is really merchandise acquisition b/c their piss poor performance cut off their lifeblood - goods to sell.

WOW! amzn management is REALLY slimey and the analyst crowd, with a few exceptions, ain't too bright.