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

To: Glenn D. Rudolph who wrote (135215)	11/28/2001 9:00:38 AM
From: Bill Harmond	Read Replies (4) \| Respond to of 164684

...that Amazon would be insolvent by Spring, 2001. Wasn't that yours?

To: Glenn D. Rudolph who wrote (135215)	11/28/2001 9:35:10 AM
From: 10K a day	Read Replies (1) \| Respond to of 164684

Bezos was smart when he got the big debt. If my memory is not totally gone... I think i remember about 27 million (per quarter) to service the amazon debt? (what was it 5 or 6 percent?) I think amazon will be right in line with a Sams Club or Price Club. I think they will survive because they can sell enough stock to service the debt. Wildly profitable,,,nah, I doubt it. (bottom line, they probably don't really care because they all got rich selling the stock already...Now they just milk the shell for as long as they can or until they turn it profitable...It's a no lose) Here they sold about 24 million in puts for January. That about covers it for this quarter. lol yaay.org