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


To: Bill Harmond who wrote (134725)11/13/2001 11:33:51 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Bill,

I am starting to locate the posts where you talk about Amazon's advantages over good profitable firms.

To:Gary Walker who wrote (23781)
From: William Harmond Thursday, Oct 29, 1998 8:42 PM
View Replies (2) | Respond to of 134731

Don't be angry. I have nothing but good will toward you.
Silver spoon money? Yeah, sure, that's me.

I disagreed with you until Microsoft zeroed Netscape's market and bought out Netscape's deals with AOL and AT&T. I enjoyed sparring with you in 1996, but apparently you don't have the same appetite now.

B&N and Borders' biggest liability is their stores. Those leases are debt...a mill stone around their necks, and the stores pay for themselves only at Christmas time.

For some reason that is beyond me, the bears here don't get the concepts of investment spending, franchise extensibility, and increasing returns. They're busy blaming something. That is literally unfortunate.

Amazon may blow up. Amazon could slowly fail. No sign yet.



To: Bill Harmond who wrote (134725)11/14/2001 1:17:22 AM
From: Glenn D. Rudolph  Respond to of 164684
 
To:Glenn D. Rudolph who wrote (24433)
From: William Harmond Wednesday, Nov 4, 1998 12:06 PM
View Replies (3) | Respond to of 134740

We think differently and have different outlooks. One of us is wrong.



To: Bill Harmond who wrote (134725)11/14/2001 1:55:44 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
To:Glenn D. Rudolph who wrote (24921)
From: William Harmond Saturday, Nov 7, 1998 2:33 PM
View Replies (1) | Respond to of 134749

Amazon can either pay off the bonds when they mature with cash from their treasury if accumulated cash has been sufficient, or they can use credit to retire the bond with another bond offering. It is quite possible that by then the company will have a higher credit rating than it has currently, and, consequently, the replacement bonds will carry more favorable relative rates than the current issue.
The bears make a big deal out of these bonds. These bonds are nothing special. They are high-yield high-risk paper, used for decades to finance younger companies.