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

To: Oeconomicus who wrote (132002)	9/27/2001 10:38:00 PM
From: Glenn D. Rudolph	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? Bob, This is too funny. I am not willing to discuss this issue further. Simply put, there are three major player is vendor accounts receivable and every large vendor uses them. Clealry, you background is far superior to mine and your understanding extremely advanced. 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)? Let me be brief. The model is broken and that is why it is different. Look at the model. Run some income statements using various margins, revenues, expense, etc. You said "other than the economics of their model." That is the point. The economics of their model does not work. I suggest you do a lot of research and additional study if you plan on doing a good job at corporate banking. This could explain why many banks perform poorly in their lending practices. Possibly, they do not hire top notch people. You and I are not in the same league here. "You can trust me on that."